Search found 4 matches

by cand1am
Sat May 08, 2010 4:40 pm
Forum: Canada / United States Tax & Accounting
Topic: US Treatment of Canadian intertest income for Dual Citizen
Replies: 1
Views: 1855

US Treatment of Canadian intertest income for Dual Citizen

As alluded to in the Subject heading, I am wondering if a Dual citizen living/working in the US has bank accounts in Canada with less than $10,000 aggregate, is there an interest income threshold under which one doesn't need to file this interest income with the US return. (And I am assuming since o...
by cand1am
Thu Apr 08, 2010 10:40 pm
Forum: Canada / United States Tax & Accounting
Topic: Dual Citizen move to Canada Retirement planning
Replies: 1
Views: 1984

Dual Citizen move to Canada Retirement planning

I am a dual citizen planning to move next year to Canada. Can someone let me know if I have summed up an appropriate strategy with respect to retirement accounts. 1. Get all U.S. pay/bonuses before moving to Canada. 2. Convert all 401k's to IRA's (before move) and they can then be transferred into a...
by cand1am
Sat Apr 03, 2010 8:03 pm
Forum: Canada / United States Tax & Accounting
Topic: Dual citizen contemplating temporary work in Canada
Replies: 2
Views: 2271

How many weeks could I work temporarily (during vacation from full-time US job) in Canada, before I would have to start paying Canadian income tax?

Thanks,
DC
by cand1am
Mon Mar 29, 2010 9:39 pm
Forum: Canada / United States Tax & Accounting
Topic: Dual citizen contemplating temporary work in Canada
Replies: 2
Views: 2271

Dual citizen contemplating temporary work in Canada

I am a dual citizen living and working full-time in the US. I currently file no Canadian tax returns. I am planning on doing two weeks of work in Canada for Canadian employer (during my US job vacation). Would this short period of work in Canada necessitate my paying Canadian taxes on US earned inco...