Serbinski Accounting Firms

Hi Nelsona, I was a resident of Canada for tax purposes for full year. Seems my direct question would be, do I have to reduce the amount of IRA (that i invested in USA) from the foreign income that I put on line 433? I am putting the income from line 236, i.e. all I earned from US and Canada in deno...

Hi Nelsona, Thank you for responce to my query above. One clarification when you said, not to do anything to reduce our US taxable income-> does it mean that the Net Foreign non-business income that we use to calculate the percentage of Canadian basic federal tax (that can be claimed back as FTC) is...

Hello, I have a question about the amounts that could be included as foreign tax that we could claim as foreign tax paid in our T2209 form. I have gone through a few posts here, but not able to ascertain this. Please advice. In my case, I had worked on TN in US for about 4 months from Sept to Dec. I...