Search found 2 matches

by Weiner
Fri Nov 24, 2006 1:44 pm
Forum: Canada / United States Tax & Accounting
Topic: Implications of Income Splitting in Canada
Replies: 5
Views: 3888

My question is based partly on the assumption that CCRA shares data with IRS. Doesn't this suggest that if IRS sees that my wife *reported* income to CCRA via income splitting, IRS would expect to see the numbers on her U.S. return matching CCRA's? And might that not cause IRS to say we "must&q...
by Weiner
Fri Nov 24, 2006 1:48 am
Forum: Canada / United States Tax & Accounting
Topic: Implications of Income Splitting in Canada
Replies: 5
Views: 3888

Implications of Income Splitting in Canada

Here's my situation: I am Cdn citizen; my wife is U.S. citizen and does not have an income. We both live in Canada. Should the Gov't of Canada allow income splitting for all couples, as they're suggesting, how would this impact our reporting requirements in the U.S.? Until now, only my wife has been...