Search found 5 matches

by garthm
Tue Jul 05, 2016 2:37 pm
Forum: Canada / United States Tax & Accounting
Topic: Prorate OAS, CPP, SS when Depart Canada?
Replies: 2
Views: 1966

Thanks very much for this. Yes, my returns are pretty late. I've been taking care of my older sister who has been very sick and I'm just getting around to my taxes now. I have one more question that I'm hoping you know the answer to. The only asset I own, other than a small RRSP is a car worth about...
by garthm
Tue Jul 05, 2016 11:15 am
Forum: Canada / United States Tax & Accounting
Topic: Prorate OAS, CPP, SS when Depart Canada?
Replies: 2
Views: 1966

Prorate OAS, CPP, SS when Depart Canada?

Hi all, I’m a US citizen who has been living in Canada for about 30 years and I just departed Canada in October. I receive CPP, OAS and US SS. I have come to the conclusion based on this forum that all three of these pensions are taxed based on residency. So my question is because I departed Canad...
by garthm
Wed Apr 20, 2016 1:15 am
Forum: Canada / United States Tax & Accounting
Topic: Departing Canada Confusion
Replies: 7
Views: 4613

Ok this is a lot more clear to me now. Thanks. One more thing that occurred to me. As per the advice of my financial advisor I was thinking of doing some investing in the US. I don't think he knows too much about the cross-border issues. If I purchase a non-retirement account, and/or a Limited Partn...
by garthm
Tue Apr 19, 2016 2:43 pm
Forum: Canada / United States Tax & Accounting
Topic: Departing Canada Confusion
Replies: 7
Views: 4613

Wow great information, thank you both. I'm still processing this info, just need to talk it out. So if it wasn't for my J-1 status I could depart no issue, but we can't for the reasons you explained. So when would be our departure date in the future? I'm guessing it must have to be the day I get a T...
by garthm
Tue Apr 19, 2016 10:51 am
Forum: Canada / United States Tax & Accounting
Topic: Departing Canada Confusion
Replies: 7
Views: 4613

Departing Canada Confusion

Hi all, My wife and I are Canadian citizens, my wife doesn’t work and I’m on a J-1 visa. We moved to the US permanently in September of 2015 and left nothing behind in Canada except for a couple small RRSP’s. Can I depart Canada if I’m on a J-1 visa? If not, I suppose my wife would file a de...