Search found 4 matches

by philweicker
Wed Jan 18, 2017 12:47 am
Forum: Canada / United States Tax & Accounting
Topic: Sale of home in Canada as a US Perm Resident
Replies: 7
Views: 3566

OK--but am I correct to assume that the 25% held back in accordance with the T2062 is still more than I should be paying in Canada, and I would claim back some on a T1 NR?
by philweicker
Tue Jan 17, 2017 1:38 pm
Forum: Canada / United States Tax & Accounting
Topic: Sale of home in Canada as a US Perm Resident
Replies: 7
Views: 3566

I purchased this property after departure. I didn't own it while I lived in Canada. I was a US resident at the time of purchase.
by philweicker
Mon Jan 16, 2017 3:37 pm
Forum: Canada / United States Tax & Accounting
Topic: Sale of home in Canada as a US Perm Resident
Replies: 7
Views: 3566

So I should file a non-resident T1 and claim all the Canadian taxes back?

Do I need to include a note to say that the gains are not taxable as part of a treaty?
by philweicker
Sat Jan 14, 2017 9:21 pm
Forum: Canada / United States Tax & Accounting
Topic: Sale of home in Canada as a US Perm Resident
Replies: 7
Views: 3566

Sale of home in Canada as a US Perm Resident

I am a US permanent resident and have not been a Canadian tax resident since 2008.

I sold a house in Canada (which was never my primary residence) in 2016.

A T2062 was filed, a certificate of compliance obtained, and 25% of the gains was remitted to CRA.

Either the gains are entirely taxable in ...