Search found 2 matches

by Ken
Wed Oct 27, 2004 2:12 pm
Forum: Canada / United States Tax & Accounting
Topic: Keeping US Bank account open
Replies: 5
Views: 8502

I expected to file US taxes - just wanted to make sure this didn't result in getting double taxed on my Canadian income. I really just want these US accounts open to pay for my XM radio, paypal purchases, finish paying student loan, football tickets, etc... So with no downside I think I'll keep that...
by Ken
Wed Oct 27, 2004 2:09 pm
Forum: Canada / United States Tax & Accounting
Topic: Keeping US Bank account open
Replies: 5
Views: 8502

Keeping US Bank account open

I'm a dual US/Canadian citizen - moving back to Canada end of September. Can I keep a US checking account open (used to payoff my student loan) and keep a US credit card - or would this give the IRS reason to believe I'm still a resident..and tax me accordingly?