Serbinski Accounting Firms

I am currently on H4, husband H1 and applying for GC. We are Canadian Citizens, originally entered US on TN and TD. We bought a house and have lived in U.S. for two years. I have not worked since coming to U.S. Now I have an opportunity to work as a real estate agent (full time employee with ...

I think the point is the wife is on H4, which means no work whatsoever in the States, paid or no paid.

Not sure where you heard this from, but we have been researching this topic for a while. The result is disappointing.. As far as I know, dependents (h4 etc.) can not do any physical work in U.S., Paid or no paid. The only two things allowed are study or passive investment (meaning stocks, bonds etc ...

Hi, as an emigrant for 2007, I am sending in my return. The label I received from CRA says to "Shawinigan", but CRA says for non-resident, send to "Walkley, Ottawa", so where should I send to? Do I need to attach T4, T5 etc? I am so used to efiling.

Thank you.

Please, nelson. Is this a yes? Thank you.

Yesterday, we paid one account (20 yr experience) for filling up the US tax with a 1040 full year, seems that's the best option for us, after playing around couple of different options.

As soon as adding Canadian Income (30k) in and used 1116 for foreign tax credit (better than 2555 + 1116), we ...

Thank you, nelson. To further clarify, I used ufile and put emigrating date. the software automatically calculated the days and prorated personal amount credits etc., is this the type of prorate you mean or something else? Thank you.

Hi, nelson, I am hoping that you can answer this question, because this will be the last one before I submit my canada return or if not, hope someone else can help.

I am not reporting 217 election (it is not to my benefit), do i still need to attach a note to state my and my husband's worldwide ...

seems not yet. 1116 is confusing.

Why I put 9.8k paied foreign tax there, but the utilized shown up only 4.2k, the rest are carry over. It seems a ratio somewhere to do this. What comes up that ratio? My foreign income put there is 30k. Is there a way to fully utilized that foreign tax paid as ...

Thanks, nelsona,

Now it seems we kind of figure out the 1116 is the better than 2555 for our case.
So for Fed return, we can do foreign tax credit (including CPP/EI) and property tax/mortage interest tax deductions for canadian property (we sold before we depart). Hopefully nothing wrong there ...

" to determine if the 217 is a benefit, just remove the RRSP income form the return. If the tax difference is more than the 25% tax you paid, then back out of the 217 and just accept the 15% as final."
Hi, Nelson, still don't understand this. In my case, the difference is definately less than 25 ...

nelsona

several questions to fill up for my husband case (he departed Canada end of March):

1040 form:
1) the canadian income should be gross income/taxable income, or income after Canadian tax (paied with each pay stub)?
2) Shall we put the canadian income into W4 wage space (box 1), and paied ...

But where do I put my NR4 which has info. about RRSP withdraw amount and tax withheld?

Hi Nelson, I still can't access 217 section in ufile. The system does not allow me to choose these two options: "emigrate from canada in 2007" which allows me to put my departure date and "non-resident for all 2007 and file 217" which allows me to access 217 section. Any advise? Do i need to file ...

BTW, how can i access the 217 section in ufile? There are a few options:

1. immigrated to ca in 2007
2. emigrated from ca in 2007
3. non-resident for all 2007 and file 217
4. non-resident for all 2007 and file 216

I chose option 2, but has no access to 217. Shall I choose 3 even I left ca in may ...