Search found 3 matches

by ioio
Sun Nov 11, 2012 9:52 pm
Forum: Canada / United States Tax & Accounting
Topic: RC268 - Amount of Contributions that Qualify for Tax Relief
Replies: 1
Views: 4229

RC268 - Amount of Contributions that Qualify for Tax Relief

Hello, I am a Canadian citizen working in the USA (commuting every day for work). I am trying to determine the "Amount of contributions that would qualify for tax relief in the US" (line 2 in the RC268). Is there a US form that helps to determine this amount? Thank you in advance for your ...
by ioio
Sat Nov 03, 2012 12:32 pm
Forum: Canada / United States Tax & Accounting
Topic: Reporting 401k contributions on T-1 line 104
Replies: 6
Views: 4207

Nelsona, JGCA thank you for your reply. I went back and checked with my accountants and realized that one of them did not know what she was doing!!! :(
by ioio
Wed Oct 31, 2012 10:10 pm
Forum: Canada / United States Tax & Accounting
Topic: Reporting 401k contributions on T-1 line 104
Replies: 6
Views: 4207

Reporting 401k contributions on T-1 line 104

I am a Canadian citizen working in USA (commuting every day for work). CRA reviewed my 2011 income Tax Return and concluded that I need to include the amount from line 12a, code D of my W-2 slip (elective deferrals to a 401k plan) as part of my gross income (line 104 of my T-1). Is this a new regula...