Search found 4 matches
- Sat Mar 10, 2012 9:46 pm
- Forum: Canada / United States Tax & Accounting
- Topic: 2555/1116 Canadian income earned on business trips in US
- Replies: 6
- Views: 3837
Yeah, if I had known all the tax implications (and known I was moving) beforehand I would have skipped a few visits or pushed for some meetings in Canada. Oh well, it is what it is. Thanks for you help and for confirming, the last thing I want is the IRS pissed off at me. I'll take your advice and f...
- Sat Mar 10, 2012 7:16 pm
- Forum: Canada / United States Tax & Accounting
- Topic: 2555/1116 Canadian income earned on business trips in US
- Replies: 6
- Views: 3837
Thank you nelsona, this is very helpful information. I am however still confused about a couple items: - Reading pub 519, it states that for determining residency start date for substantial presence (I was in the US for 60 days before I moved, giving me a total of 195 days for 2011) I would use the ...
- Thu Mar 08, 2012 1:53 am
- Forum: Canada / United States Tax & Accounting
- Topic: 2555/1116 Canadian income earned on business trips in US
- Replies: 6
- Views: 3837
hmmm, I figured I was ok for 2555 under the bona fide residence test and thus didn't need to worry about the physical presence part. I'll have to reread that. I wasn't looking to use the excluded income from 2555 on 1116, rather it was the income that I wasn't able to exclude due to being in the US ...
- Thu Mar 08, 2012 12:51 am
- Forum: Canada / United States Tax & Accounting
- Topic: 2555/1116 Canadian income earned on business trips in US
- Replies: 6
- Views: 3837
2555/1116 Canadian income earned on business trips in US
First off, great forum and has been quite helpful. I am Canadian and moved (transferred) to the US in Aug 2011, however early on in the year I had been travelling for meetings and such fairly regularly and it ended up totaling 9 weeks in the US for business. Working on form 2555-EZ I understood I wa...