Search found 3 matches

by m1
Fri Mar 23, 2007 9:10 am
Forum: Canada / United States Tax & Accounting
Topic: Foreign tax credit and AMT
Replies: 10
Views: 8333

two 6251?

So am I doing it correctly by submitting two 1116? One for AMT and the other for 1040?
by m1
Fri Mar 23, 2007 12:07 am
Forum: Canada / United States Tax & Accounting
Topic: Foreign tax credit and AMT
Replies: 10
Views: 8333

Maybe I figured this out

Seems like I need to file two 1116 (foreign tax credit). One for 1040 and one for 6251. This seems silly because the two 1116 have pretty much identical data. Am I correct?

Thanks!
by m1
Thu Mar 22, 2007 10:40 pm
Forum: Canada / United States Tax & Accounting
Topic: Foreign tax credit and AMT
Replies: 10
Views: 8333

Foreign tax credit and AMT

I am a Canadian Citizen working in US for the past 5 years. Since then, I've been filing both US and Canadian tax return. In 2006, my US employer required me to work on a project in Toronto for 6 months. During this period, my company withheld my Canadian income tax. Therefore, I am getting a W-2 ...