Search found 3 matches
- Wed Apr 13, 2011 6:31 pm
- Forum: Canada / United States Tax & Accounting
- Topic: Canadiian Living in US: various tax questions
- Replies: 11
- Views: 7785
Many thanks for your response. I just want to confirm I understand your response to question 3 correctly: 3a) Can you confirm that this means that I should use the exchange rate at the time of purchase to calculate the basis, but the exchange rate at the time of sale to calculate the proceeds? (This...
- Wed Apr 13, 2011 2:51 pm
- Forum: Canada / United States Tax & Accounting
- Topic: Canadiian Living in US: various tax questions
- Replies: 11
- Views: 7785
Canadiian Living in US: various tax questions
Hello, I have a few questions. My apologies if I missed the answers in previous postings (I have actually spent quite a lot of time looking through the very useful forum). Background: I am a Canadian citizen who moved to the US last year under a TN visa. For 2010 I am filing an exit return in Canada...
- Wed Feb 02, 2011 2:09 pm
- Forum: Canada / United States Tax & Accounting
- Topic: Deemed disposition of Canadian assets, taxation of dividends
- Replies: 3
- Views: 3260
Deemed disposition of Canadian assets, taxation of dividends
In September 2010 I moved to the US from Canada to work under a TN visa. Based on what I have read in the forums, I believe I need to file an emigrant return in Canada, declaring only Canadian sourced income, and a 1040 in the US, declaring worldwide income for the whole of 2010 (and an 8833 citing ...