Search found 4 matches
- Sun Apr 06, 2008 11:13 am
- Forum: Canada / United States Tax & Accounting
- Topic: US citizen, Canadian resident - reporting US capital gains
- Replies: 2
- Views: 2446
- Sun Apr 06, 2008 11:12 am
- Forum: Canada / United States Tax & Accounting
- Topic: reporting US tax-exempt interest in Canada
- Replies: 2
- Views: 2220
- Sun Apr 06, 2008 7:38 am
- Forum: Canada / United States Tax & Accounting
- Topic: reporting US tax-exempt interest in Canada
- Replies: 2
- Views: 2220
reporting US tax-exempt interest in Canada
(US citizen, Canadian resident)
When reporting my US interest income on my Canadian tax return, do I report interest that qualified as tax-exempt in the US, or just the amount of interest shown on 1040 line 8a (taxable interest)?
Thanks!
When reporting my US interest income on my Canadian tax return, do I report interest that qualified as tax-exempt in the US, or just the amount of interest shown on 1040 line 8a (taxable interest)?
Thanks!
- Sat Apr 05, 2008 10:51 pm
- Forum: Canada / United States Tax & Accounting
- Topic: US citizen, Canadian resident - reporting US capital gains
- Replies: 2
- Views: 2446
US citizen, Canadian resident - reporting US capital gains
US citizen; permanent resident in Canada since 2004. Earned income of $11K in Canada last year (no earned income from the US at all). My investments, however, are all in the US - last year, I had capital gains of $40K, on which I've paid the IRS what was due. I keep reading about how the Treaty betw...