is it line 55 for the 10% which the bank has already deducted and i dont need to pay again ?. Also i assume that the tax is from the regular tax table and no flat tax ?
sorry i bumped the other one. it was because i had to get it done by this week.
Search found 30 matches
- Mon Mar 15, 2010 9:03 am
- Forum: Canada / United States Tax & Accounting
- Topic: 1040 NR/sold IRA
- Replies: 7
- Views: 5672
- Mon Mar 15, 2010 9:02 am
- Forum: Canada / United States Tax & Accounting
- Topic: 1040 NR/sold IRA
- Replies: 7
- Views: 5672
is it line 55
is it line 55 for the 10% which the bank has already deducted and i dont need to pay again ?
- Sun Mar 14, 2010 12:54 pm
- Forum: Canada / United States Tax & Accounting
- Topic: 1040 NR/sold IRA
- Replies: 7
- Views: 5672
did some calculations. is this correct ?
For me : 16a and 16b has 12k. line 39 - 3650 (exemptions)
tax line 41 = 12 - 3650 - from tax table look for 8350 . So tax for 41 = 839. 10% has already been deducted. so i sent them a check for $849.
similar calcualation for my wife .
tax line 41 = 12 - 3650 - from tax table look for 8350 . So tax for 41 = 839. 10% has already been deducted. so i sent them a check for $849.
similar calcualation for my wife .
- Sun Mar 14, 2010 9:34 am
- Forum: Canada / United States Tax & Accounting
- Topic: 1040 NR /Stock issues :(
- Replies: 3
- Views: 3464
Can someone please reply as i need to file this soon :(
Can someone please reply as i need to file this soon :(
- Sun Mar 14, 2010 9:34 am
- Forum: Canada / United States Tax & Accounting
- Topic: 1040 NR/sold IRA
- Replies: 7
- Views: 5672
Can someone please reply as i need to file this soon :(
Can someone please reply as i need to file this soon :(
- Sat Mar 13, 2010 9:09 am
- Forum: Canada / United States Tax & Accounting
- Topic: 1040 NR /Stock issues :(
- Replies: 3
- Views: 3464
Re: 1040 NR /Stock issues :(
Based on other posts in the forums, trying to answer this myself :) someone please confirm if this is correct/wrong :( [quote="njdude26"]I was in the US for 10 years till end of 2006. Then i moved to Canada and been here since then. Back in early 2001 i bought shares of sun microsystems. I...
- Sat Mar 13, 2010 9:05 am
- Forum: Canada / United States Tax & Accounting
- Topic: 1040 NR/sold IRA
- Replies: 7
- Views: 5672
Re: 1040 NR/sold IRA
Based on other answers in the forums. im trying answer my own Qs. If someone can just confirm that will be very helpful. [quote="njdude26"]I was in the US for 10 years till end of 2006. Then i moved to Canada and been here since then. during my stay in the US i had invested in the IRAs. In...
- Sat Mar 13, 2010 8:28 am
- Forum: Canada / United States Tax & Accounting
- Topic: 1040 NR/sold IRA
- Replies: 7
- Views: 5672
1040 NR/sold IRA
I was in the US for 10 years till end of 2006. Then i moved to Canada and been here since then. during my stay in the US i had invested in the IRAs. In mid 2009, i sold the IRAs. They deducted the 10% penalty on it. For me it was 12k for my wife it was 13k I have a few Qs related to that . Do i have...
- Sat Mar 13, 2010 8:24 am
- Forum: Canada / United States Tax & Accounting
- Topic: 1040 NR /Stock issues :(
- Replies: 3
- Views: 3464
1040 NR /Stock issues :(
I was in the US for 10 years till end of 2006. Then i moved to Canada and been here since then. Back in early 2001 i bought shares of sun microsystems. I sold them in Oct 2009. Now i have to file my taxes. I changed my address with the online trader only in Feb'2010 :( i have a couple of Qs regardng...
- Mon Jan 19, 2009 1:34 pm
- Forum: Canada / United States Tax & Accounting
- Topic: IRA to RRSP
- Replies: 7
- Views: 5787
- Mon Jan 19, 2009 6:49 am
- Forum: Canada / United States Tax & Accounting
- Topic: IRA to RRSP
- Replies: 7
- Views: 5787
Thank you for your response. im sorry i dont understand what you mean be , the penalty is supposed to be part of withholding ? also when i talked to HR block 3 months ago , they told me that the penalty i pay can be reclaimed on the cdn return... are they wrong ? i would prefer to keep it in canada....
- Sat Jan 17, 2009 5:31 pm
- Forum: Canada / United States Tax & Accounting
- Topic: IRA to RRSP
- Replies: 7
- Views: 5787
Re: IRA to RRSP
pleaes note that i dont intend to return to the US. As i will be a canadian citizen next month im settled here... [quote="njdude26"]Im a canadian permanent resident. i used to be in the US from 2001-2006 on a H1 visa. I have about 13k in the IRA there. pr Now i want to withdraw this IRA en...
- Sat Jan 17, 2009 5:31 pm
- Forum: Canada / United States Tax & Accounting
- Topic: IRA to RRSP
- Replies: 7
- Views: 5787
IRA to RRSP
Im a canadian permanent resident. i used to be in the US from 2001-2006 on a H1 visa. I have about 13k in the IRA there. pr Now i want to withdraw this IRA end of this month. my bank in the US said that i will have to pay a 10% penalty in 2010 to the IRS. What i would like to know is , will there be...
- Sat Mar 01, 2008 7:51 am
- Forum: Canada / United States Tax & Accounting
- Topic: US Non Resident Taxes
- Replies: 6
- Views: 5343
1040NR or 1040NR-EZ
Which one do i file ? 1040NR or 1040NREZ in this case ?
i have a kid and a wife.
i have a kid and a wife.
- Sat Feb 23, 2008 7:40 pm
- Forum: Canada / United States Tax & Accounting
- Topic: US Non Resident Taxes
- Replies: 6
- Views: 5343