Search found 7 matches

by Krakus
Sat Feb 11, 2017 3:54 pm
Forum: Canada / United States Tax & Accounting
Topic: Canadian filing 1040NR: getting refund for U.S. unemployment
Replies: 3
Views: 2535

Thank you for your reply. That alll makes sense. I followed your approach with respect to paying the tax owing on my federal and state returns and not claiming treaty benefits. However, when looking at my Canadian return, I noticed that because I also had other Canadian income last year, and various...
by Krakus
Fri Jan 06, 2017 1:12 am
Forum: Canada / United States Tax & Accounting
Topic: Canadian filing 1040NR: getting refund for U.S. unemployment
Replies: 3
Views: 2535

Canadian filing 1040NR: getting refund for U.S. unemployment

My question relates to getting a refund on the U.S. tax I paid on U.S. unemployment insurance income while a resident of Canada. As a Canadian, I returned to Canada in 2015 after working temporarily in the U.S. I collected U.S. unemployment insurance in 2016 while a resident of Canada. The total amo...
by Krakus
Fri Jun 19, 2015 8:23 am
Forum: Canada / United States Tax & Accounting
Topic: Paying both full Canadian tax and U.S. tax at same time?
Replies: 8
Views: 5728

It's a U.S. firm. But in addition to consulting, it's also a big tax and audit firm and they seem to be over-eager on compliance. Their Canadian branch is instructing them to take off Canadian tax as well. I called the CRA and they thought the idea of double taxation was ridiculous, that there was n...
by Krakus
Tue Jun 16, 2015 8:27 pm
Forum: Canada / United States Tax & Accounting
Topic: Paying both full Canadian tax and U.S. tax at same time?
Replies: 8
Views: 5728

Paying both full Canadian tax and U.S. tax at same time?

I've got a problem and could use some help. I'm currently living in Canada, and am commuting to work in the U.S. for a U.S. company as a consultant. Up till now, I have been earning U.S. income and have had federal and state tax withheld, and my plan was to declare the U.S. income on my Canadian ret...
by Krakus
Tue Jan 27, 2015 7:15 pm
Forum: Canada / United States Tax & Accounting
Topic: Reporting my Canadian mutual funds on 8621
Replies: 3
Views: 3162

Reporting my Canadian mutual funds on 8621

I've been in the U.S. on a TN since early 2014. Since I expect to return to Canada within the next year or so, I kept my substantial TFSA (which was fully invested in Canadian mutual funds), as well as my non-registered Canadian mutual fund accounts. It appears that I'll need to report the presence ...
by Krakus
Mon Sep 15, 2014 12:10 am
Forum: Canada / United States Tax & Accounting
Topic: Paying Social Security/Medicare (FICA) taxes as a TN holder
Replies: 1
Views: 1781

Paying Social Security/Medicare (FICA) taxes as a TN holder

Hi, I've got a question concerning having to pay Social Security and Medicare (FICA) taxes as a Canadian working in the States. I just moved recently so I'm rather a newbie in cross-border tax matters. I'm residing on a TN, and currently expect to return to Canada within a few years, and hence I won...
by Krakus
Mon Sep 15, 2014 12:00 am
Forum: Canada / United States Tax & Accounting
Topic: In U.S. on TN: non-res withholding tax on CDN investments
Replies: 1
Views: 1926

In U.S. on TN: non-res withholding tax on CDN investments

Hi, I'm rather new to all this, so I could use a little bit of help, please. My question concerns Canada's 25% statutory withholding tax on Canadian investments for non-residents. I'm a Canadian and began working in the U.S. in April of 2014 on a T.N. I understand that under the U.S.'s substantial p...