Right. I know I get no benefit to lower US tax.
Regarding the exchange rate, I am looking at the "Monthly and annual average rates". But I don't see US is listed.
Search found 6 matches
- Tue Jan 22, 2008 2:48 pm
- Forum: Canada / United States Tax & Accounting
- Topic: Question on 401K and RRSP when filing tax for both countries
- Replies: 13
- Views: 7107
- Tue Jan 22, 2008 10:40 am
- Forum: Canada / United States Tax & Accounting
- Topic: Question on 401K and RRSP when filing tax for both countries
- Replies: 13
- Views: 7107
Nelsona, thanks, I will do a full 1040 inlcuding my incomes in Canada too, along with my wife's. and use 2555 to exclue Canadian income, right?
I took a look at the http://www.cra-arc.gc.ca/tax/individuals/faq/exchange_rate-e.html to find the exchange rate, but couldn't find the rate for US Dollar ...
I took a look at the http://www.cra-arc.gc.ca/tax/individuals/faq/exchange_rate-e.html to find the exchange rate, but couldn't find the rate for US Dollar ...
- Mon Jan 21, 2008 9:33 pm
- Forum: Canada / United States Tax & Accounting
- Topic: Question on 401K and RRSP when filing tax for both countries
- Replies: 13
- Views: 7107
- Mon Jan 21, 2008 8:12 pm
- Forum: Canada / United States Tax & Accounting
- Topic: Question on 401K and RRSP when filing tax for both countries
- Replies: 13
- Views: 7107
Thanks Nelsona,
So I really should stop contributing 401k if my current situation will continue for another year? or I keep purchasing, one day once I am not CDN, can I deduct all of them?
the other question is: in my situation does it matter to me file 1040NR or 1040 and does it matter to me file ...
So I really should stop contributing 401k if my current situation will continue for another year? or I keep purchasing, one day once I am not CDN, can I deduct all of them?
the other question is: in my situation does it matter to me file 1040NR or 1040 and does it matter to me file ...
- Mon Jan 21, 2008 2:23 pm
- Forum: Canada / United States Tax & Accounting
- Topic: Question on 401K and RRSP when filing tax for both countries
- Replies: 13
- Views: 7107
My situation is this:
I was in states from Feb 4th to Oct 17. I went back Canada three times about 30 days in total during this period. My wife came to visit me twice. I rented an apartment during my stay in US. My wife intended to come in July 2007, hence we sold house in Canada, but then we found ...
I was in states from Feb 4th to Oct 17. I went back Canada three times about 30 days in total during this period. My wife came to visit me twice. I rented an apartment during my stay in US. My wife intended to come in July 2007, hence we sold house in Canada, but then we found ...
- Sun Jan 20, 2008 9:21 pm
- Forum: Canada / United States Tax & Accounting
- Topic: Question on 401K and RRSP when filing tax for both countries
- Replies: 13
- Views: 7107
Question on 401K and RRSP when filing tax for both countries
Hi,
I am working with US company with TN status since Feb 2007. Before that I have been working in Canada. My wife is still living and working in Canada. I think I am a tax resident for both countries and need to file taxes for both countries. Correct me if I am wrong about this. Now I have ...
I am working with US company with TN status since Feb 2007. Before that I have been working in Canada. My wife is still living and working in Canada. I think I am a tax resident for both countries and need to file taxes for both countries. Correct me if I am wrong about this. Now I have ...