Search found 4 matches

by rybshik
Thu Jul 28, 2011 7:16 am
Forum: Canada / United States Tax & Accounting
Topic: GC holder, Dual residency, Canadian only income
Replies: 6
Views: 3404

[quote="nelsona"]You'll have to follow the various requirements of 1116. You have to report certain income on separate 1116's.[/quote]

Nelsona,
My only income is my Canadian salary (paid monthly), I receive T4 from my Canadian employer. For the employer, I am sort of a full-time employee working ...
by rybshik
Thu Jul 28, 2011 2:50 am
Forum: Canada / United States Tax & Accounting
Topic: GC holder, Dual residency, Canadian only income
Replies: 6
Views: 3404

[quote="nelsona"] You will be filing a 1040 with schedules, forms 1116 [/quote]
Is it only schedule-form 1116? Do I input both my Canadian AGI and my Canadian tax paid to CRA in form 1116? Thanks
by rybshik
Thu Jul 28, 2011 2:43 am
Forum: Canada / United States Tax & Accounting
Topic: GC holder, Dual residency, Canadian only income
Replies: 6
Views: 3404

nelsona, thanks for your reply!

[quote="nelsona"] Turbotax online handles these [/quote] Turbotax online is not working now, at least for me.

[quote="nelsona"] As a US taxpayer with foreign holdings, there are several requirements to report foreign accounts, including existence of RRSP (there are ...
by rybshik
Wed Jul 27, 2011 9:47 am
Forum: Canada / United States Tax & Accounting
Topic: GC holder, Dual residency, Canadian only income
Replies: 6
Views: 3404

GC holder, Dual residency, Canadian only income

Hello,
I am a Canadian citizen, got my US GC in July 2010. Physically present most of time in the US. Employed by a Canadian firm located in Ontario , paying my Canadian taxes as a regular Ontario resident. I am ok with paying my Canadian taxes and NOT seeking to end my Canadian residency (for CRA ...