Search found 4 matches

by cyclelady012354
Mon Dec 22, 2014 9:00 pm
Forum: Canada / United States Tax & Accounting
Topic: Goodbye to IRS
Replies: 36
Views: 22078

exPenn - How long of a process was it for your wife to renounce her U.S. citizenship?
by cyclelady012354
Fri Dec 19, 2014 7:48 pm
Forum: Canada / United States Tax & Accounting
Topic: Commuting Pension
Replies: 5
Views: 2599

Is there a threshold or a minimum value before you are required to submit a FBAR?

What types of income are eligible for the Foreign Earned Income Exclusion (FEIE) such as pension, dividends, capital gains, and interest?
by cyclelady012354
Fri Dec 19, 2014 10:46 am
Forum: Canada / United States Tax & Accounting
Topic: Commuting Pension
Replies: 5
Views: 2599

I understand the first year that the pension is commuted the high tax rate in Canada will exceed my tax obligation to the IRS. Is there a concern that in following years the amount I pay to the CRA will be less than what I owe to the IRS? What about when I start to income split with my spouse who ha...
by cyclelady012354
Thu Dec 18, 2014 8:07 pm
Forum: Canada / United States Tax & Accounting
Topic: Commuting Pension
Replies: 5
Views: 2599

Commuting Pension

I’m a US citizen with landed immigrant status living in Canada with my wife who is a Canadian citizen. I’ve been physically living and working in Canada for 35 years. Each year, I’ve filed my income tax to both the IRS and the CRA. My wife is not employed and will only receive a minimal amount...