Serbinski Accounting Firms

For Canada, number of days don't matter. You would file as an "Emigrant" based on the specific date you leave Canada. If you leave Canada before your spouse, you will still be selling your "half" of the house as a non-resident. No taxes, but some paperwork in Canada. If you start...

No, it should not count towards your MAGI.

They need to be reported. Period.

So be sure to follow the steps required for a non-resident. Your Cdn broker may not be up to speed on that and may think that since you are Cdn, you don;t need to follow those rules. Here is an example: https://www.crowe.com/ca/crowemackay/insights/non-residents-selling-property-in-canada https://ww...

Of course. It is the correct withholding, so IRS will accept it.

You would need to move to the US.

You do need to report the sale, because you were non-resident. Did you follow all the non-resident rules for Cdn property sale? Otherwise expect a penalty.

That is the final tax, since you didn't follow the rules for periodic withdrawal. Even if you file an NR-7-R, it will be of no use, because they will ask for your withdrawals and see that your withdrawal was not periodic, The only way you *might* reduce your tax on this year's withdrawal is by filin...

You can, but why give a false address? If you are physically living in Canada, you should only use a Cdn address. And you should be paid on a Cdn payroll.

Your TN would only be used for occasional entry.

Correct

Serge
First off, you are not using 217 if you have cap gains. 217 is only for pension income and only if it reduces your tax on those specific items.

So just file a NR return, reporting the gain. Nothing else needs reporting.

Correct. Even speaking to a live IRS telephlunkie is rarely going to help; a robophlunkie is even less helpful. You are really using the software to get the result, not necessarily e-file. Put whatever you need in fields to get past any administrative roadblocks. Obviously, those who use FEIE usuall...

1. You report on 1116 the net amount of your rental income -- as reported on your 1040. The term gross is in reference to your overall gross income. Your net rental income contributes to your gross income.
2. It is the actual tax owed on your return; the term used is accrued tax.

He certainly can use FEIE. some limits come in to play, but your software will figure it

Is the amount less than $10K CAD? If so you can exclude it from your income by treaty. Was this the only Cdn source of income (other than interest, etc which is not reportable by non-residents)? If so, you probably should have filed a return for the province of Ontario along with T2203. As explained...