Search found 4 matches
- Fri Mar 02, 2012 7:29 pm
- Forum: Canada / United States Tax & Accounting
- Topic: Exemptions: Canadian vs US tax rules for dependents
- Replies: 1
- Views: 1760
Exemptions: Canadian vs US tax rules for dependents
First just the US tax question - In the US when claiming dependents and you are filing separately can both parents declare all children? In Canada I think a dependent can only be on one return. Now when US citizens living in Canada file their 1040s do the dependent claims need to be the same between...
- Fri Mar 02, 2012 7:21 pm
- Forum: Canada / United States Tax & Accounting
- Topic: 1040 Filing Status Strategy for US Citizen married in Canada
- Replies: 1
- Views: 2099
1040 Filing Status Strategy for US Citizen married in Canada
Should we file our 1040s as "Married filing jointly" or "Married filing separately"? My wife is an American and has been living in Canada for the last few years. I am Canadian. We've come to realize she should have been filing her 1040s and 1116es. Her income is small and there w...
- Mon Jan 09, 2012 3:06 pm
- Forum: Canada / United States Tax & Accounting
- Topic: Are Tax brackets for calculating CDD departure tax prorated?
- Replies: 2
- Views: 2012
- Sun Jan 08, 2012 5:45 pm
- Forum: Canada / United States Tax & Accounting
- Topic: Are Tax brackets for calculating CDD departure tax prorated?
- Replies: 2
- Views: 2012
Are Tax brackets for calculating CDD departure tax prorated?
I'd appreciate confirmation that the tax brackets for calculating federal and provincial taxes are NOT prorated when departing Canada to the U.S. Here is what I think: I've read T4056 and it explains which deductions are pro-rated and this makes sense to me. However, if I read it correctly, the tax ...