Search found 7 matches

by murloc
Thu Feb 02, 2012 2:08 am
Forum: Canada / United States Tax & Accounting
Topic: Taxes after moving to US
Replies: 6
Views: 3575

Thanks nelsona.

So I will need to file T2091, T1161 (and T1243?) in addition to usual tax forms. Are there any other forms I missing here that will need to be filed? Or reading and doing emigrant guide should be sufficient?

Thank you.
by murloc
Tue Jan 31, 2012 1:45 pm
Forum: Canada / United States Tax & Accounting
Topic: Taxes after moving to US
Replies: 6
Views: 3575

I see. So if I set my departure date to Jan 24, do I need to file T1161 and list the house there? RRSP is excluded from T1161 list and I did not own anything else. Also I read CRA emigrant guide and it does not have term' departure tax'. My understanding that 'departure return' is my last tax return...
by murloc
Tue Jan 31, 2012 12:47 pm
Forum: Canada / United States Tax & Accounting
Topic: Taxes after moving to US
Replies: 6
Views: 3575

Thanks for replying nelsona.

So what shall I choose as my departure date? If I choose Jan 24 will it make me pay taxes on the house? I have read somewhere that RRSP and house are excluded from deemed disposition.
by murloc
Tue Jan 31, 2012 2:06 am
Forum: Canada / United States Tax & Accounting
Topic: Taxes after moving to US
Replies: 6
Views: 3575

Taxes after moving to US

I and my wife (canadian citizens) moved to US(California) in 2011 (H1-B). - I have worked in Canada until Jan 21, 2011 (I earned about 3.5k and payed 1k taxes). - We owned a house in Canada. We have signed the sale contract on Jan 8. - We moved to US on Jan 24. - I started to work in US on Jan 31. -...
by murloc
Tue Jan 18, 2011 10:53 am
Forum: Canada / United States Tax & Accounting
Topic: H1B, taxes, RRSP.
Replies: 4
Views: 2976

That sounds great. Thank you!
by murloc
Tue Jan 18, 2011 9:48 am
Forum: Canada / United States Tax & Accounting
Topic: H1B, taxes, RRSP.
Replies: 4
Views: 2976

Thank you for quick reply. What exactly in my situation makes me non-resident immediately? I am pretty sure I have read about people that needed to break ties to make them non-resident. What about NR-73, do I need to file it? Anyway in 2012 when I file my last (departure) Canada tax return do I say ...
by murloc
Mon Jan 17, 2011 7:51 pm
Forum: Canada / United States Tax & Accounting
Topic: H1B, taxes, RRSP.
Replies: 4
Views: 2976

H1B, taxes, RRSP.

We live in Ontario. I got H1B, my wife got H4. We will move to California in one week (23 January 2011). We already sold our house, the closing date is in February. Few questions: 1. My understanding that it makes sense to max out my RRSP. This way I get some money back after my 2010 tax return and ...