Search found 15 matches
- Wed Apr 02, 2008 5:44 pm
- Forum: Canada / United States Tax & Accounting
- Topic: RRSP withdrawal and state (NJ) tax
- Replies: 1
- Views: 2424
RRSP withdrawal and state (NJ) tax
Is RRSP distribution taxable on state tax return (NJ) ?
- Sun Mar 30, 2008 12:21 pm
- Forum: Canada / United States Tax & Accounting
- Topic: RRSP withdraw in 8891 - "general limitation income&quo
- Replies: 1
- Views: 2376
RRSP withdraw in 8891 - "general limitation income&quo
I am a US resident and I withdrew my RRSP in 2007. In 2006 I filed defferal (8891) to IRS.
Now I have to file 1116 and I saw on this forum that RRSP withdrawal is "general limitation income". However from 1116 instructions I think it is a "lump sum".
Can you point me to any official publication ...
Now I have to file 1116 and I saw on this forum that RRSP withdrawal is "general limitation income". However from 1116 instructions I think it is a "lump sum".
Can you point me to any official publication ...
- Fri Apr 13, 2007 9:12 am
- Forum: Canada / United States Tax & Accounting
- Topic: Canadian departure tax return - how long does it take ?
- Replies: 2
- Views: 3117
Canadian departure tax return - how long does it take ?
In the beginning of March I submitted my canadian departure tax return by regular mail from USA to the international tax office in Ottawa. Till now I did not hear anything from them. "My account" on CCRA website says that 2006 tax return is not received yet. Does anybody know how long does it take ...
- Tue Mar 20, 2007 10:53 am
- Forum: Canada / United States Tax & Accounting
- Topic: What to attach to 1040 ?
- Replies: 1
- Views: 2602
What to attach to 1040 ?
Do I need to attach:
1) W-2 ?
2) 1099 ?
3) T4 (I submit 1116 for it) ?
4) T5 (I submit 1116 for it) ?
5) RRSP statement (I submit 8891 for it) ?
Thank you.
1) W-2 ?
2) 1099 ?
3) T4 (I submit 1116 for it) ?
4) T5 (I submit 1116 for it) ?
5) RRSP statement (I submit 8891 for it) ?
Thank you.
- Sun Mar 18, 2007 10:41 pm
- Forum: Canada / United States Tax & Accounting
- Topic: Form 2555 - why the tax is calculated differently ?
- Replies: 3
- Views: 4160
- Sun Mar 18, 2007 3:14 pm
- Forum: Canada / United States Tax & Accounting
- Topic: Form 2555 - why the tax is calculated differently ?
- Replies: 3
- Views: 4160
Form 2555 - why the tax is calculated differently ?
I excluded my Canadian T4 income with the form 2555. I am using TaxAct software. Although this income is really excluded from my "adjusted gross income", the tax itself is calculated differently than if I did not have this T4 income at all. I checked the instructions and it looks like the software ...
- Fri Mar 16, 2007 7:26 pm
- Forum: Canada / United States Tax & Accounting
- Topic: Cashed out RRSP in 2006
- Replies: 9
- Views: 7368
- Fri Mar 16, 2007 9:03 am
- Forum: Canada / United States Tax & Accounting
- Topic: First Year choice declaration
- Replies: 5
- Views: 4721
- Thu Mar 15, 2007 9:39 pm
- Forum: Canada / United States Tax & Accounting
- Topic: First Year choice declaration
- Replies: 5
- Views: 4721
- Wed Mar 14, 2007 8:19 pm
- Forum: Canada / United States Tax & Accounting
- Topic: First Year choice declaration
- Replies: 5
- Views: 4721
First Year choice declaration
We moved to US from Canada in 2006. We have Green Cards. We want to be treated as a full year residents. I have 2 questions:
1) Does anybody have the example of the declaration we have to attach to our tax return ? Any IRS form for it ?
2) What about state (NJ) tax return ? Are we also considered ...
1) Does anybody have the example of the declaration we have to attach to our tax return ? Any IRS form for it ?
2) What about state (NJ) tax return ? Are we also considered ...
- Wed Mar 14, 2007 1:54 pm
- Forum: Canada / United States Tax & Accounting
- Topic: Questions about the form 1116
- Replies: 3
- Views: 4187
- Tue Mar 13, 2007 7:54 pm
- Forum: Canada / United States Tax & Accounting
- Topic: Questions about the form 1116
- Replies: 3
- Views: 4187
Questions about the form 1116
We moved to US from Canada in 2006. We want to make "full year residence" election in US tax return.
I have the following questions about the form 1116:
1) For T5s income (i.e. before I moved to US), is the tax paid or accrued ? I counted this income in my Canadian tax return, i.e. I am going to ...
I have the following questions about the form 1116:
1) For T5s income (i.e. before I moved to US), is the tax paid or accrued ? I counted this income in my Canadian tax return, i.e. I am going to ...
- Tue Feb 13, 2007 10:50 pm
- Forum: Canada / United States Tax & Accounting
- Topic: May I use T5 instead of NR4
- Replies: 4
- Views: 7386
May I use T5 instead of NR4
I moved from Canada to USA on March 19, 2006. Unfortunately I did not know that I have to report to the bank (savings account) that I am a non-resident of Canada anymore. So I received T5 form for the whole year instead of T5 + NR4.
Is it mandatory to fix the issue ? I figured out that in case of ...
Is it mandatory to fix the issue ? I figured out that in case of ...
- Thu Dec 21, 2006 3:23 pm
- Forum: Canada / United States Tax & Accounting
- Topic: Dependent living in Canada for US tax purpose
- Replies: 7
- Views: 7920
Nelson, thank you for your quick and detailed reply.
I have a translation of my birth certificate done by Ontario certified translator. However, the birth certificate itself is not "authenticated". I hope it is not necessary for IRS. I successfully got the US immigrant visa without authenticating ...
I have a translation of my birth certificate done by Ontario certified translator. However, the birth certificate itself is not "authenticated". I hope it is not necessary for IRS. I successfully got the US immigrant visa without authenticating ...
- Wed Dec 20, 2006 7:24 pm
- Forum: Canada / United States Tax & Accounting
- Topic: Dependent living in Canada for US tax purpose
- Replies: 7
- Views: 7920
I am in the same situation, i.e. I am a US PR holder and Canadian citizen. My parents are PRs in Canada and do not have their own income. I want to include my parents as dependents in 1040 form. I have the following questions:
1) Is Canadian PR card considered "National ID card" to apply for ITIN ...
1) Is Canadian PR card considered "National ID card" to apply for ITIN ...