Search found 2 matches

by Bernadett01
Fri Mar 29, 2024 8:07 am
Forum: Canada / United States Tax & Accounting
Topic: Form 1116
Replies: 3
Views: 1311

Re: Form 1116

I called the tax help line for the IRS. I was told not to include the CPP/OAS on the 1040, but include it on Line 1a on form 1116, gross income from sources within Canada. The rest of the form helps calculate the appropriate tax credits.
by Bernadett01
Sun Mar 24, 2024 1:07 pm
Forum: Canada / United States Tax & Accounting
Topic: Form 1116
Replies: 3
Views: 1311

Form 1116

I am a US citizen, resident of Canada. I understand that Cpp/OAS do not have to be included on my 1040, as per US / Canada treaty. On form 1116, are these govt pensions included on 1 a? Also, how do I calculate part 2, foreign taxes paid? Some of my income was taxed, and some, including CPP/OAS, wer...