Search found 6 matches

by Hawkeye
Wed Jun 13, 2007 10:08 pm
Forum: Canada / United States Tax & Accounting
Topic: Form 2555 - revocation of exclusions
Replies: 7
Views: 6587

Nelson - thanks again for the quick response. Surprised at the rebuke on forms - I didn't ask you to do them for me, only if you knew of a place I could get info on that god-awful worksheet at the back of Pub 514. <shrug> No matter. Sorry for any annoyance. I will take your recommendation on turbo-t...
by Hawkeye
Wed Jun 13, 2007 2:37 pm
Forum: Canada / United States Tax & Accounting
Topic: Form 2555 - revocation of exclusions
Replies: 7
Views: 6587

Howdy, Nelson - boy, I bet you saw this one coming. I have printed out and read (well, skimmed) the US/Canada Tax Treaty, read the "Canatech.pdf" file, reviewed IRS Pubs 514 (FTC), 54 (Tax Guide for US Citizens abroad) and the 1116 instructions and am now really, really confused. I think I...
by Hawkeye
Tue Jun 12, 2007 10:27 pm
Forum: Canada / United States Tax & Accounting
Topic: Form 2555 - revocation of exclusions
Replies: 7
Views: 6587

Nelson - thanks so much for your prompt replies. Of *course* I declare all dividends etc. - by "income" I only meant wages and salary, excludable under 2555. I don't have stock, and my interest doesn't usually amount to much so those aren't tax problems (i.e. I declare them straight on my ...
by Hawkeye
Tue Jun 12, 2007 5:23 pm
Forum: Canada / United States Tax & Accounting
Topic: Form 2555 - revocation of exclusions
Replies: 7
Views: 6587

I keep on getting timed out so this needs to be quick. Thanks for all the help, but I have three more questions: 1) Does the fact that I was working for a Canadian firm, drawing a Canadian salary affect my ability to exclude income, or is it boolean logic - i.e. "you were in the US and you earn...
by Hawkeye
Tue Jun 12, 2007 3:06 pm
Forum: Canada / United States Tax & Accounting
Topic: Form 2555 - revocation of exclusions
Replies: 7
Views: 6587

Form 2555 - revocation of exclusions

I have lived in Canada since 1994, American citizen, own a house and have a Canadian wife. I have been using Form 2555 to exclude my Canadian income using the Physical Presence Test (PPT). Last year I had to work with a subcontractor in NY for a significant period of time (i.e. > 30 days) so I will ...
by Hawkeye
Fri Nov 17, 2006 8:45 pm
Forum: Canada / United States Tax & Accounting
Topic: Form 2555 - which test to use?
Replies: 1
Views: 2195

Form 2555 - which test to use?

Hello. I am an American citizen, living in Canada since 1994 as a Landed Immigrant. I work for a Canadian company (and have since 1994), own a house in Canada and am married to a Canadian citizen. Since moving to Canada, I have been using Form 2555 and the Physical Presence Test (PPT) to exclude my ...