Search found 4 matches

by thethunderbird
Tue Apr 02, 2013 10:44 pm
Forum: Canada / United States Tax & Accounting
Topic: Canadian living & working in Canada as part owner of US
Replies: 14
Views: 9029

Has anyone else had to do this? It seems like it must be fairly common...
by thethunderbird
Tue Apr 02, 2013 2:33 pm
Forum: Canada / United States Tax & Accounting
Topic: Canadian living & working in Canada as part owner of US
Replies: 14
Views: 9029

My K-1 lists my income as self-employment income. So in Canada I file my K-1 with my income tax and declare it as dividend earnings, correct?

I had no tax withheld for the 2012 Tax year by the LLC.

In the US do I fill out an W-8BEN so that I don't have tax withheld? From what I gather from the IRS ...
by thethunderbird
Tue Apr 02, 2013 2:34 am
Forum: Canada / United States Tax & Accounting
Topic: Canadian living & working in Canada as part owner of US
Replies: 14
Views: 9029

To add to this, the partnership conducts all of its business in the USA.
by thethunderbird
Tue Apr 02, 2013 1:31 am
Forum: Canada / United States Tax & Accounting
Topic: Canadian living & working in Canada as part owner of US
Replies: 14
Views: 9029

Canadian living & working in Canada as part owner of US

I'm a Canadian citizen living and working in Canada for an LLC based in the USA formed by myself and 4 other partners (all based in the USA). I have received my K-1 for 2012 and am not sure how I am supposed to deal with my taxes, how the treaty applies, etc. I understand there are some recent ...