Thanks so much for your help. I'm still confused.
I guess I assumed that I wouldn't have to pay any taxes at all on my Canadian income to the U.S. gov, since I've paid taxes to the Canadian gov. I don't live in both places, I don't live in the U.S. and have a second home in CAN, I don't live in the ...
Search found 4 matches
- Wed May 04, 2011 2:29 pm
- Forum: Canada / United States Tax & Accounting
- Topic: U.S. taxes after moving to CN - file 1116 or 2555?
- Replies: 8
- Views: 4521
- Wed May 04, 2011 1:39 pm
- Forum: Canada / United States Tax & Accounting
- Topic: U.S. taxes after moving to CN - file 1116 or 2555?
- Replies: 8
- Views: 4521
Ok, I spoke too soon. After using form 2555 and then trying to calculate my tax (line 44) on form 1040, using the worksheet required "Foreign Earned Income Tax Worksheet", I end up owing over $200 in taxes. THis doesn't seem right when my U.S. taxable income is only $13, 655.
I don't understand the ...
I don't understand the ...
- Tue May 03, 2011 11:06 pm
- Forum: Canada / United States Tax & Accounting
- Topic: U.S. taxes after moving to CN - file 1116 or 2555?
- Replies: 8
- Views: 4521
- Tue May 03, 2011 6:42 pm
- Forum: Canada / United States Tax & Accounting
- Topic: U.S. taxes after moving to CN - file 1116 or 2555?
- Replies: 8
- Views: 4521
U.S. taxes after moving to CN - file 1116 or 2555?
I am a U.S. citizen, moved to Canada (Quebec) July 2010 from Illinois. I don't own any home nor did I sell any, no kids, my taxes have been pretty easy up until this year. I worked Jan. 2010 - July 2010 in Illinois and then moved and have been living and working in Canada since July.
I filed my ...
I filed my ...