Serbinski Accounting Firms

[quote="nelsona"]an exemption (2555) is better than a 1116 tax credit.

Feel free to try out both ways.[/quote]

Hey Nelsona, I have a question regarding my state return. I moved to Maryland from Canada in May 2015 and used Form 2555 to exclude my Canadian Income I earned before I moved. Tax ...

[quote="nelsona"]an exemption (2555) is better than a 1116 tax credit.

Feel free to try out both ways.[/quote]

Ok thank you, will try out both ways in Tubortax.

[quote="nelsona"]Why would my be answer different to you than to another poster? You can read.[/quote]

Sorry I should have been more clear. I was trying to find out difference between the forms 1116 and 2555. what is the benefit of filing 2555 over 1116?

[quote="nelsona"]You report the wages and then use form 2555.[/quote]

Hi Nelsona, I am in a similar situation as OP. Immigrated to US in May 2015. Have Income in Canada between January 2015-July 2015. Have Income in US form September-Dec 2015. On link below it is recommended to file a full year ...