Search found 5 matches

by bhavinb
Mon Mar 19, 2012 9:54 pm
Forum: Canada / United States Tax & Accounting
Topic: Foreign Tax Credits (TN in USA, deemed resident of Canada)
Replies: 8
Views: 4501

Nelson, Sorry, I just had one more quick question. I noticed you advised others to not claim deductions on the US return because CRA will just take that amount. I can claim some moving expenses on my 1040 NR but I don't meet the time test. Can I just not claim my moving deductions right now and use ...
by bhavinb
Mon Mar 05, 2012 4:02 pm
Forum: Canada / United States Tax & Accounting
Topic: Foreign Tax Credits (TN in USA, deemed resident of Canada)
Replies: 8
Views: 4501

Thanks. I'll do that and file an emigrant return.
So what exactly is the 183 day rule for then? It sounds like I'm just ignoring it and filing as an emigrant...
by bhavinb
Tue Feb 28, 2012 3:22 am
Forum: Canada / United States Tax & Accounting
Topic: Foreign Tax Credits (TN in USA, deemed resident of Canada)
Replies: 8
Views: 4501

Just wanted to add that although my family lives in Canada, I personally have no property, possessions or dependents in Canada...Everything came with me to the US for this job.
by bhavinb
Tue Feb 28, 2012 12:18 am
Forum: Canada / United States Tax & Accounting
Topic: Foreign Tax Credits (TN in USA, deemed resident of Canada)
Replies: 8
Views: 4501

Oh ok, maybe that would be good to clear up first. I've moved to the US on a TN visa and have been working here since September. However, I was in Canada for over 183 days in 2011. I assumed this meant that I was a deemed resident but maybe I got my terminology wrong. Is there another status that ap...
by bhavinb
Sun Feb 26, 2012 9:35 pm
Forum: Canada / United States Tax & Accounting
Topic: Foreign Tax Credits (TN in USA, deemed resident of Canada)
Replies: 8
Views: 4501

Foreign Tax Credits (TN in USA, deemed resident of Canada)

Hi, I was wondering if someone can help me with a problem I'm having. I am a deemed resident in Canada and I also do NOT meet the SPT rule in the US. When calculating my foreign tax credit, I find that it is less than the actual taxes witheld on my US income. In the CRA guide posted online, I find t...