Search found 6 matches
- Wed Feb 17, 2010 2:15 pm
- Forum: Canada / United States Tax & Accounting
- Topic: CPP contributions for US resident
- Replies: 4
- Views: 3233
- Wed Feb 17, 2010 2:00 pm
- Forum: Canada / United States Tax & Accounting
- Topic: CPP contributions for US resident
- Replies: 4
- Views: 3233
Thanks a bunch for the input. I get the CPP part. I am curious however as to why my self-employment income (consultant) from Canadian sources would not be taxable in Canada (I understand world income is taxed in the US). I was under the impression that everything paid out by a Canadian firm for cons...
- Wed Feb 17, 2010 12:23 am
- Forum: Canada / United States Tax & Accounting
- Topic: CPP contributions for US resident
- Replies: 4
- Views: 3233
CPP contributions for US resident
Saw a lot of posts about CPP benefits, but not about contributions. I am currently a US resident for tax purposes, but had Canadian self-employment income in 2009. Do I need to make CPP contributions on that self-employment income? The CRA tax guide suggests no (just by looking at their symbol coded...
- Mon Feb 01, 2010 10:11 pm
- Forum: Canada / United States Tax & Accounting
- Topic: moving expense
- Replies: 1
- Views: 1754
moving expense
Quick question. I moved to the US in July 2008 and became resident for tax purposes then. I moved back to Canada in July 2010 to take on a new job. My understanding is that moving expenses can only be deducted for a move within Canada. This is bad given my Canadian company reported the moving allowa...
- Wed Feb 18, 2009 6:16 am
- Forum: Canada / United States Tax & Accounting
- Topic: Residency determination
- Replies: 4
- Views: 3147
Thanks Nelsona for your time. You mean a departing resident for 2008 or 2009? If 2008 is correct I will not be taxed as a resident in any of the countries (that does not seem right given nobody will tax worldwide income). I do not meet SPT because of J-1 exclusion in the years previous to 2008. Than...
- Tue Feb 17, 2009 10:27 pm
- Forum: Canada / United States Tax & Accounting
- Topic: Residency determination
- Replies: 4
- Views: 3147
Residency determination
This board is an amazing source of information. I still have a question with regards to the residency determination. The whole family moved to the US July 13, 2008. I do not meet the Substantial presence test so that makes me a NR in the US for 2008. I am thus also a resident for Canadian tax purpos...