Search found 12 matches

by jay
Sun Mar 22, 2009 9:25 pm
Forum: Canada / United States Tax & Accounting
Topic: non-resident of Canada
Replies: 1
Views: 1888

non-resident of Canada

Hi nelsona,

I filed departure return in year 2007. For year 2008 I'm non-resident of Canada. Should I file tax return to Canada with $0 income or just simply ignore it? Thanks a lot.
by jay
Fri Mar 21, 2008 8:52 am
Forum: Canada / United States Tax & Accounting
Topic: Residency question
Replies: 11
Views: 6929

Thanks nelona! So when I file Canada tax, I don't need to fill any foreign income form, but have to attach a note to my tax return stating my net world income (in Canadian dollars) for the part of the year that I were not a resident of Canada. Correct?
by jay
Thu Mar 20, 2008 10:09 pm
Forum: Canada / United States Tax & Accounting
Topic: Residency question
Replies: 11
Views: 6929

nelson, for my case we file 1040 jointly, and file Canada tax. as a departuring resident. My wife's departure is 03/2007 and mine is 10/2007. Following A, B choice which is correct? A. Both of us don't need to report US income to Canada. B. I don't have to report US income, but my wife has to report...
by jay
Thu Mar 20, 2008 1:13 pm
Forum: Canada / United States Tax & Accounting
Topic: Residency question
Replies: 11
Views: 6929

Do you mean for this case he is deemed resident? In UFIle, there are only 2 choice: (deemed resident / non resident), thanks.
by jay
Mon Mar 17, 2008 9:43 am
Forum: Canada / United States Tax & Accounting
Topic: what's the best way to file U.S. tax?
Replies: 17
Views: 11341

Hi nelsona, after reading so many post. I'm getting confused. I had RRSP contribute, but I didn't and no plan to withdraw it. Should I still include it in Form 8891?
by jay
Fri Mar 14, 2008 3:19 pm
Forum: Canada / United States Tax & Accounting
Topic: what's the best way to file U.S. tax?
Replies: 17
Views: 11341

Never mind. I saw your previous post answered this already
by jay
Fri Mar 14, 2008 2:13 pm
Forum: Canada / United States Tax & Accounting
Topic: what's the best way to file U.S. tax?
Replies: 17
Views: 11341

Hi nelsona. One more question. 1. After I filled form 2555 to exclude Canada wages, can I still put my CPP contribution and income tax deduct in form 1116? 2. I got some T5 regarding my CANADA saving interest. Obviously, I haven't pay any tax yet. So I can't put these in form 1116 as well. But I hav...
by jay
Thu Mar 13, 2008 2:04 am
Forum: Canada / United States Tax & Accounting
Topic: what's the best way to file U.S. tax?
Replies: 17
Views: 11341

nelsona, I am using turbotax to prepare the tax. my understanding is that I should add 2 US W-2 income and 2 Canadian come in form 1040. And put 2 Canadian income as credit in Form 2555. Is it correct? But turbotax seems only allow me to enter W-2 income. How can I add Canadian income? Thanks a lot.
by jay
Fri Mar 07, 2008 12:05 pm
Forum: Canada / United States Tax & Accounting
Topic: what's the best way to file U.S. tax?
Replies: 17
Views: 11341

Tanks. It's really helpful!
by jay
Fri Mar 07, 2008 12:20 am
Forum: Canada / United States Tax & Accounting
Topic: what's the best way to file U.S. tax?
Replies: 17
Views: 11341

what's the best way to file U.S. tax?

My wife and I both have Canada income before moving and U.S. income after moving. My wife moved to U.S. from Mar, 2007. I moved to U.S. in Oct 2007, so I have very low U.S. income. Should we file U.S. tax jointly or separately? And should we file U.S. tax as full year residents or part year resident...
by jay
Wed Feb 27, 2008 11:26 am
Forum: Canada / United States Tax & Accounting
Topic: Questions for Canadian moving to US
Replies: 30
Views: 22254

get a little confused. The company is incorporated. As owner I can get money either annual salary or dividend. If I treat it as dividend, after I paid Canadian tax, I have to pay US tax again? How? just treat net dividend(after Canadian tax) as income? And as my understanding, keeping an incorporate...
by jay
Mon Feb 25, 2008 4:40 pm
Forum: Canada / United States Tax & Accounting
Topic: Questions for Canadian moving to US
Replies: 30
Views: 22254

nelsona. I was working as an independent contractor at Toronto before. And I registered an incorporated company. I moved to US half year ago. I still have some money left in the company. I plan to file tax as non-resident of Canada this year. My question is: if next year I want to get dividend from ...