Search found 2 matches

by Coug
Mon Apr 12, 2010 1:01 pm
Forum: Canada / United States Tax & Accounting
Topic: Dual Status Return - No USA tax owing?
Replies: 3
Views: 2823

Thanks for the help I really appreciate it.



I am filing separately and I didn’t take the standard deduction, just the full exemptions which came out to $21,900 when I included myself, my spouse and all four of my kids. I guess it “paysâ€￾ to have kids -- at least at tax time. I am still shocked that I made over $20,000 in just over one month and have no USA income tax to pay from it.



A few people said we should file jointly on our combined our worldwide income but I see no point with our situation. My wife made no USA income and her Canadian taxes were minimal as she was on EI most of the year.



One last question, would you know if I need to declare my RRSP’s to the IRS somewhere in this return?
by Coug
Sun Apr 11, 2010 10:38 am
Forum: Canada / United States Tax & Accounting
Topic: Dual Status Return - No USA tax owing?
Replies: 3
Views: 2823

Dual Status Return - No USA tax owing?

Not sure if I've done anything wrong but this doesn't seem right. I am Canadian who immigrated to USA with my US citizen wife / Canadian kids on Nov. 27, and recieved Perminent Residency/GC that day with my kids. I subsequently earned ~20,000 USD in Dec. 2009 which included a sign-on bonus. My Canad...