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Nelson,

If I changed the tax return in 2005 which I should file a departure return. Therefore, the RRSP limit I can buy in 2006 drops too. However, I have bought the full amount in 2006 based on the original 2005 return. In this case, How would CRA treat this kind of case?


Thank you for the ...

Thanks, I just called.

It seemed when they updated my departure date. They also updated my wife's departure date to 2005 too. The agent told me CCTB will correct this.
I will wait and see.

You are right about RRSP. The rule is for 25% tax for non-resident. I asked if I bought by a mistake and ...

I did not. My wife get the CCTB not me. They are asking my wife to give it back that is why I feel it is not right.

What I felt bad is the time I wasted to prepare Canada Tax and now I need to correct them. Plus I bought RRSP for my TAX year 2007.

Nelson, as a NR, If I bought RRSP in 2007, can I collapse it in 2008 and then file a NR for 2008 to get all money back ( 7000 income from RRSP - 7000 RRSP) ?

Also ...

I worked in USA since the end 2005. For tax year 2005 and 2006, I reported my world income as Canada resident since my wife and kids stayed in Canada ( Which I believe it is a mistake, I should file a departure return in 2005 to CRA).

Then my wife and kid move out the first day of 2008. For tax ...

Well, I had similar case. The difference is that I moved out in 2005 and my wife and kids stayed in Canada.

I will post my story separately. Hope it helps.

Thanks for the reply, Nelson.

I will answer your question first. We did have a status change on Jan 1st, 2008 - we officially got a new I-94 for our new H1/H4 status on the boarder. We did make a final move to USA on that day. On Jan 2nd, 2008, we called CRA international office to change address ...

Follow this post, Does CRA allow wife and kid file regular return while husband file departure or non-resident return?

Nelson, you mentioned that I may file my Canada tax as a non-resident in 2007. It is true that most of time my wife visited me and I only visited Canada 4 times. However, our kid lives with her in Canada in 2007. Does this matter?

I also have a future question. We told CRA moved out of Canada on ...

Wow, I do not know if there is a difference between my visiting canada and my wife visiting USA. Thank you for the information. But that is too complicated for me. I do own a couple of hundred Canada tax so it is OK for me to file Canada return.

I just found my moving expenses for Canada tax is ...

I am a factual resident for Canada tax because my wife stays in Canada.

Well, I guess if I want to use that sentence ( as most of us working is US is a US resident for tax purpose ) to get away from my Canada tax obligation, there are other factors CRA need consider such as my Canada citizenship ...

Nelson,

Thanks for the reply. I checked the following link

http://www.cra-arc.gc.ca/tax/individuals/topics/income-tax/return/completing/deductions/lines206-236/219/move-e.html

Did you move between two locations outside Canada?
Provided you met all other conditions and requirements, you can claim ...

In order to balance my income tax, I did not claim all my within-US moving expenses in 2007 from my relocation company.

When file Canada return, can I still deduct all the expensed I paid in 2007 ? I think I can, because next year I will get more income from reimbursement but no moving expense to ...

No. You can't as CRA treat your canadian residence as your ordinary residence.
However, you can deduct your qualified moving expenses within US ( change job).

Thanks, Nelson.

I guess Box 14 is included too as it is a tax-aid ( The company reimburse this taxable reimbursement to me, plus estimated tax generated because of this reimbursement).

When you say the 401(K) contributions will not be reported as Canada income in 2008 and beyond, is there a rule ...