Search found 5 matches

by howardkoul
Fri Jul 27, 2012 3:03 pm
Forum: Canada / United States Tax & Accounting
Topic: Canadian PR working for US based Company (Yes Again!)
Replies: 14
Views: 6493

Just wanted to add a follow up.

I've been told that since my primary residence is Canada and I will not be in the US for more then 183 days. That I can file for US Federal, State Income tax exemption. Does anyone know what forms I need to fill out to get those exemptions?

For SSN/Medicare ...
by howardkoul
Tue Jul 24, 2012 3:55 pm
Forum: Canada / United States Tax & Accounting
Topic: Canadian PR working for US based Company (Yes Again!)
Replies: 14
Views: 6493

[quote="nelsona"]You will file a US return and a Mass return. On these you will calculate your fanal fed and state tax.

This is what you will use on your Cdn return as a credit, along with your FICA, when you report your US income on your Cdn return. Its not the tax that is withheld every paycheck ...
by howardkoul
Tue Jul 24, 2012 10:58 am
Forum: Canada / United States Tax & Accounting
Topic: Canadian PR working for US based Company (Yes Again!)
Replies: 14
Views: 6493

[quote="nelsona"]The credit in Canada will NOT be beased on your tax deducted/witheld, but on the final tax you pay, include fed, state and FICA.[/quote]

Sorry but what does that mean?

I will be a Canadian PR working for a US based company with NO Canadian offices and I will be paid like a US ...
by howardkoul
Tue Jul 24, 2012 12:35 am
Forum: Canada / United States Tax & Accounting
Topic: Canadian PR working for US based Company (Yes Again!)
Replies: 14
Views: 6493

Just wanted to add I was able to get US benefits and 401k offer removed from my offer sheet. So I will be subject to MA state tax deduction only and then I will claim that amount as foreign tax credit on my Canadian tax return.

But I assume I still need to file a US tax return and Canadian tax ...
by howardkoul
Thu Jul 19, 2012 11:24 am
Forum: Canada / United States Tax & Accounting
Topic: Canadian PR working for US based Company (Yes Again!)
Replies: 14
Views: 6493

Canadian PR working for US based Company (Yes Again!)

Sorry for repeating a similar topic. But I've just went through all 72 pages and not one of the similar posts have a complete answer. So I'm going to ask it again in the hopes it can be answered 100%

Situation:
Company based 100% in the US (Boston) is looking to hire me as their only Canadian ...