Search found 8 matches

by mimianddaniel
Sun Apr 06, 2014 12:31 am
Forum: Canada / United States Tax & Accounting
Topic: Dual-status
Replies: 12
Views: 5319

Dual-status

Really confused now .. I received my TN in late March 2013 and working full-time. received lump sum payment from previous employer in June 2013 over ~$31k Was at the local accountant to get some help on the income tax and he said i should file as dual-status, using 1040nr ez. I was not aware of dual...
by mimianddaniel
Fri Mar 07, 2014 5:25 pm
Forum: Canada / United States Tax & Accounting
Topic: Off for the rest of the tax season
Replies: 4
Views: 3023

Thank you so much!

Much appreciate answering most of the questions posted here.
by mimianddaniel
Fri Mar 07, 2014 4:11 pm
Forum: Canada / United States Tax & Accounting
Topic: lump sum payment from CPP withholding tax
Replies: 5
Views: 2890

[quote="nelsona"]Contact CRA, but in fact CPP payments made to US residents are not to be taxed in Canada at all, they should only be taxed in US. http://www.cra-arc.gc.ca/partxiii-calculator/ You will proably have to file a NR7 form, on which you provide them a copy of your T4A, and claim...
by mimianddaniel
Fri Mar 07, 2014 4:05 pm
Forum: Canada / United States Tax & Accounting
Topic: Taxes on interest/divedends
Replies: 13
Views: 6793

[quote="nelsona"]The 2103 Cdn tax return is the departure return. The deemed disposition is not an otion, it must be reported and filed. Its part of the departure process. How she invested in not the issue. Why she opened a new account, which could not be kept loger than a few weeks is.[/q...
by mimianddaniel
Fri Mar 07, 2014 3:47 pm
Forum: Canada / United States Tax & Accounting
Topic: lump sum payment from CPP withholding tax
Replies: 5
Views: 2890

lump sum payment from CPP withholding tax

I received a lump sum payment that was over $30k after I had left Canada (emigrant status) which was at %33. I received T4a form. Looking through CRA website, it shows that for non-residence it should be at %25 for CPP. Is this correct? And How do I go about getting the refund? I assume i would need...
by mimianddaniel
Mon Dec 30, 2013 8:48 pm
Forum: Canada / United States Tax & Accounting
Topic: Questions on stocks/bank accounts + RRSP for TN holder
Replies: 5
Views: 2708

also have RRSP -- do i need to submit a form for exmption on this?
by mimianddaniel
Mon Dec 30, 2013 8:47 pm
Forum: Canada / United States Tax & Accounting
Topic: Questions on stocks/bank accounts + RRSP for TN holder
Replies: 5
Views: 2708

[quote="nelsona"]You became a US tax resident the day you leaglly moved to US. Days really doesn't matter. You didn't say what ties you have in canada, but you are either a non-resdiewnt or a demmed non-resident, which differs only slightly, and means you left canada. Any income you reciev...
by mimianddaniel
Mon Dec 30, 2013 5:28 pm
Forum: Canada / United States Tax & Accounting
Topic: Questions on stocks/bank accounts + RRSP for TN holder
Replies: 5
Views: 2708

Questions on stocks/bank accounts + RRSP for TN holder

I have been working in the state since May of 2013. I quit my job in early March of the same year. I would be considered resident alien in the States as i have spent more than 200 days in the States last 3 years total. My questions are, 1. Am i considered non-resident in Canada or factual resident? ...