Search found 2 matches

by saluri
Thu Feb 15, 2024 5:57 pm
Forum: Canada / United States Tax & Accounting
Topic: Is HSA and US healthcare taxable income?
Replies: 3
Views: 1163

Re: Is HSA and US healthcare taxable income?

I am sorry, it was a little unclear. You are saying when I calculate my total income for CANADIAN TAX purpose, it should be which of the following?

1. Taxable income = Gross income - 401K - HSA - healthcare
2. Taxable income = Gross income - 401K
3. Taxable income = Gross income

Thanks,
Sireesha
by saluri
Tue Feb 13, 2024 5:31 pm
Forum: Canada / United States Tax & Accounting
Topic: Is HSA and US healthcare taxable income?
Replies: 3
Views: 1163

Is HSA and US healthcare taxable income?

Hello, I am a Canadian permanent resident living in Canada and working in the US. I cross the border everyday into the US to go to work. I have 401K, HSA and US healthcare for the last year that were deducted from my gross salary. I know they are not taxable in the US but would all three (401K, US h...