Search found 7 matches

by catmonk
Fri Nov 29, 2024 7:25 pm
Forum: Canada / United States Tax & Accounting
Topic: Tax questions on various types incomes sourced from Canada/USA
Replies: 3
Views: 473

Re: Tax questions on various types incomes sourced from Canada/USA

Hi, Thanks for the quick reply. Two follow-up questions if I may: 1) The tax treaty between Canada and Malaysia subjects a resident of Malaysia (& non-resident of Canada) to 15% withholding tax for dividend and interest incomes sourced from Canadian sources. As the dividend income from a Canadia...
by catmonk
Fri Nov 22, 2024 5:09 pm
Forum: Canada / United States Tax & Accounting
Topic: Tax questions on various types incomes sourced from Canada/USA
Replies: 3
Views: 473

Tax questions on various types incomes sourced from Canada/USA

Hi, My situation: Canadian citizen, non-resident of Canada & USA, currently resident of Malaysia. As far as CRA is concerned, do I need to report the following incomes to CRA, and pay tax on those incomes? 1) Dividend incomes received from Canadian companies? 2) Interest incomes from Canadian ba...
by catmonk
Thu Apr 04, 2024 8:50 pm
Forum: Canada / United States Tax & Accounting
Topic: 1099-INT and 1099-B questions on 1040-NR
Replies: 5
Views: 1230

Re: 1099-INT and 1099-B questions on 1040-NR

Thanks Nelsona. One more question if I may. 2023 is also my first year receiving social security payment. I have received a "Form SSA-1042S-Social Security Benefit statement", which only lists my name & the benefits amount received for 2023. My tax software "Taxact" asks to f...
by catmonk
Tue Apr 02, 2024 9:03 pm
Forum: Canada / United States Tax & Accounting
Topic: 1099-INT and 1099-B questions on 1040-NR
Replies: 5
Views: 1230

Re: 1099-INT and 1099-B questions on 1040-NR

Thanks Nelsona for the quick answer. I have one further worry. Since 1099-INT and 1099-B have been reported to IRS, by not reporting on 1040-NR form, would that not result in IRS follow-up query to my submitted 1040-NR, as what was on record at IRS would not match to what was reported on 1040-NR. An...
by catmonk
Mon Apr 01, 2024 8:38 pm
Forum: Canada / United States Tax & Accounting
Topic: 1099-INT and 1099-B questions on 1040-NR
Replies: 5
Views: 1230

1099-INT and 1099-B questions on 1040-NR

Hi, Regarding my special situations, not sure if these questions have been asked before? Background: Canadian citizen, non-resident of US & Canada. For many years prior, was travelling in S.E.Asia, & currently residing in Malaysia. Years ago, worked in US, gained a Green Card, but gave it up...
by catmonk
Fri Sep 17, 2021 1:52 am
Forum: Canada / United States Tax & Accounting
Topic: Questions on Canadian citizen applying for US social security pension
Replies: 2
Views: 3464

Re: Questions on Canadian citizen applying for US social security pension

Thanks for the reply. After my application for SS benefits online, this application has now progressed to the point when I received an email several days ago from SSA. This email asks me to call a certain number (+extension no.) in Baltimore, Maryland, so that the person in that office may discuss m...
by catmonk
Wed Aug 25, 2021 1:08 am
Forum: Canada / United States Tax & Accounting
Topic: Questions on Canadian citizen applying for US social security pension
Replies: 2
Views: 3464

Questions on Canadian citizen applying for US social security pension

Hi, I am Canadian citizen who have worked in US for 10+ years, first under TN, then later under Green card. I have now retired, and have given up on the Green card, so no longer eligible to live in US. Recently, I have applied online for social security benefits, and have a few questions to ask: 1) ...