Search found 7 matches

by KNP
Wed Apr 19, 2006 11:58 pm
Forum: Canada / United States Tax & Accounting
Topic: 1040-C "Sailing Permit" Question
Replies: 6
Views: 5709

Nelsona,

Thank you, I think, for your reply.

I do not have much experience in these matters, and so I guess I just assumed that it would be simpler all-around for my wife not to have to file a US tax return if we are settled permanently in Canada. Perhaps that assumption was incorrect, or at least ...
by KNP
Wed Apr 19, 2006 10:51 pm
Forum: Canada / United States Tax & Accounting
Topic: 1040-C "Sailing Permit" Question
Replies: 6
Views: 5709

One note: of course, our goal is for my wife not to file US TAXES after 2005. We of course are filing in Canada.

KNP
by KNP
Wed Apr 19, 2006 10:41 pm
Forum: Canada / United States Tax & Accounting
Topic: 1040-C "Sailing Permit" Question
Replies: 6
Views: 5709

1040-C "Sailing Permit" Question

Hello Nelsona,

In a recent post you made to a thread regarding dual tax filing, you mentioned the following:

"I think is is a good practice to submit a 1040NR in the year following departure. Remember, Cdns don't have to file a 1040-C 'Sailing permit', which would be the best (though laborious ...
by KNP
Wed Jun 15, 2005 2:53 pm
Forum: Canada / United States Tax & Accounting
Topic: Moving to Canada/Reporting Income
Replies: 11
Views: 14313

Nelsona,

Thank you very much for your answers. What you have outlined was sort of my "gut" feeling, but I was certainly not sure about things (especially getting the lump sum while in US but doing the work for it "later" in Canada) and you've helped to clarify the issues...

Thanks,

Ken
by KNP
Wed Jun 15, 2005 12:58 pm
Forum: Canada / United States Tax & Accounting
Topic: Moving to Canada/Reporting Income
Replies: 11
Views: 14313

Hello,

In all likelihood she WON'T be paid any more beyond the lump sum--this is sort of a "summer job" for her that she has done the last 3-4 summers.

Her main income after this will be a gov't of Canada SSHRC research grant for her dissertation research, which will kick in starting in September ...
by KNP
Wed Jun 15, 2005 10:06 am
Forum: Canada / United States Tax & Accounting
Topic: Moving to Canada/Reporting Income
Replies: 11
Views: 14313

Hi Nelsona, thanks for replying.

She's been getting paid on a w-2 basis up to this point, so I am assuming that will be the case, but I will get back to you on that with an exact answer soon (the details are being finalized this week). I hate to sound naive, but what are the implications one way or ...
by KNP
Tue Jun 14, 2005 10:32 am
Forum: Canada / United States Tax & Accounting
Topic: Moving to Canada/Reporting Income
Replies: 11
Views: 14313

Moving to Canada/Reporting Income

Hello,

My wife and I are planning on moving to Canada at the end of this month, arriving in B.C. by June 30. My wife is Canadian (GC holder), I am a U.S. citizen with a permanent residence application in process (officially, I will be "visiting" until that process is complete). At this point we may ...