Search found 23 matches
- Tue Apr 17, 2012 9:54 am
- Forum: Canada / United States Tax & Accounting
- Topic: Claiming standard deduction on 1040NR?
- Replies: 22
- Views: 13322
- Tue Apr 17, 2012 9:48 am
- Forum: Canada / United States Tax & Accounting
- Topic: Article XXV 1040NR - hit with AMT
- Replies: 2
- Views: 2781
- Mon Apr 16, 2012 9:04 pm
- Forum: Canada / United States Tax & Accounting
- Topic: Article XXV 1040NR - hit with AMT
- Replies: 2
- Views: 2781
Article XXV 1040NR - hit with AMT
Hi! I filed my 1040NR with the article XXV 1040 pro forma this year and just got a letter from IRS reassessing my taxes and applying AMT to my 1040NR, which resulted in taxes even higher than they would be if I filed 1040NR directly, effectively eliminating all my deductions (spouse and children) an...
- Mon Apr 16, 2012 8:53 pm
- Forum: Canada / United States Tax & Accounting
- Topic: Claiming standard deduction on 1040NR?
- Replies: 22
- Views: 13322
By the way nelsona, browsing the forum, I saw you saying something different in 2009 (regarding standard exemption)... did anything change since then?
This is the thread: http://forums.serbinski.com/viewtopic.php?p=9407
This is the thread: http://forums.serbinski.com/viewtopic.php?p=9407
- Thu Mar 15, 2012 2:48 pm
- Forum: Canada / United States Tax & Accounting
- Topic: Claiming standard deduction on 1040NR?
- Replies: 22
- Views: 13322
- Wed Mar 14, 2012 4:54 pm
- Forum: Canada / United States Tax & Accounting
- Topic: Claiming standard deduction on 1040NR?
- Replies: 22
- Views: 13322
- Wed Mar 14, 2012 3:19 pm
- Forum: Canada / United States Tax & Accounting
- Topic: Claiming standard deduction on 1040NR?
- Replies: 22
- Views: 13322
- Tue Dec 13, 2011 5:50 pm
- Forum: Canada / United States Tax & Accounting
- Topic: ISO taxation with tax treaty
- Replies: 0
- Views: 1428
ISO taxation with tax treaty
Hi, I am having some trouble understanding how ISOs would be taxed (if so) in Canada. Starting with a simple situation: Canadian resident, H1B holder who commutes to the US to work. Let's say this person was granted ISOs (incentive stock options), exercised them and sold them following all the U.S. ...
- Fri Sep 09, 2011 9:03 am
- Forum: Canada / United States Tax & Accounting
- Topic: ITIN
- Replies: 8
- Views: 8058
- Thu Sep 08, 2011 1:27 pm
- Forum: Canada / United States Tax & Accounting
- Topic: ITIN
- Replies: 8
- Views: 8058
- Thu Sep 08, 2011 12:55 pm
- Forum: Canada / United States Tax & Accounting
- Topic: ITIN
- Replies: 8
- Views: 8058
- Wed Mar 23, 2011 11:05 pm
- Forum: Canada / United States Tax & Accounting
- Topic: Claiming standard deduction on 1040NR?
- Replies: 22
- Views: 13322
But filing a 1040NR with a pro forma 1040 for MFJ rates won't give me the standard deduction, I will have to itemize, right? It is definitely worth and I will do it, but even then, there is still room to lower my US tax in about $1600 until it is the same as Cdn tax... that is why I am trying to fin...
- Wed Mar 23, 2011 4:58 pm
- Forum: Canada / United States Tax & Accounting
- Topic: Claiming standard deduction on 1040NR?
- Replies: 22
- Views: 13322
- Wed Mar 23, 2011 3:25 pm
- Forum: Canada / United States Tax & Accounting
- Topic: Claiming standard deduction on 1040NR?
- Replies: 22
- Views: 13322
- Wed Mar 23, 2011 2:18 pm
- Forum: Canada / United States Tax & Accounting
- Topic: Claiming standard deduction on 1040NR?
- Replies: 22
- Views: 13322
Claiming standard deduction on 1040NR?
I couldn't find the answer to a rather simple question...
As a married resident of Canada, can I claim the standard deduction by treaty?
As a married resident of Canada, can I claim the standard deduction by treaty?