Search found 4 matches

by babuk
Sat Apr 30, 2016 11:34 am
Forum: Canada / United States Tax & Accounting
Topic: Departure Date for Canadian Tax Calculation
Replies: 7
Views: 3254

Thanks very much Nelsona.
My bad , i didnt look at this very closely and totally relied on the consultant
I overpaid 6K to CRA , any advise how to claim this back.
Should i resend a amended tax forms explaining the situation

Tx
by babuk
Fri Apr 29, 2016 9:33 pm
Forum: Canada / United States Tax & Accounting
Topic: Departure Date for Canadian Tax Calculation
Replies: 7
Views: 3254

Thanks Nelsona
The consultant referred this link which explains this was not supported and also confirmed he checked with the CRA.

http://www.cra-arc.gc.ca/E/pub/tp/itnews-31r2/itnews-31r2-e.html#P24_866

We have recently reviewed the treatment of social security taxes as income or profits taxes ...
by babuk
Fri Apr 29, 2016 11:46 am
Forum: Canada / United States Tax & Accounting
Topic: Departure Date for Canadian Tax Calculation
Replies: 7
Views: 3254

Thanks Nelsona.
yes I did and understand your point on the departure date.
In Canadian returns -foreign tax credit I showed the fed/state tax I paid in US , but my tax consultant said though FICA taxes are also can be added , social security tax cannot be counted in by a new rule. Can you give your ...
by babuk
Thu Apr 28, 2016 5:00 pm
Forum: Canada / United States Tax & Accounting
Topic: Departure Date for Canadian Tax Calculation
Replies: 7
Views: 3254

Departure Date for Canadian Tax Calculation

Dear All

I moved to US on Feb 2015 , and while my Wife/Kids joined me only by Sep. In US I filed 1040 as married filling jointly for whole year and showed 2 months Canadian wages as world income and paid the required taxes.

Now when I am filing my Canadian tax , will I be treated as a resident of ...