Serbinski Accounting Firms

[quote="nelsona"]The treaty overrides these IRS instructions. If he is cdn and is filing a 1040Nr and thus a residential cdn return his cap gains are exempt from us tax[/quote]

Hi nelsona, thank you for your answer! Can you please refer me to the items in the treaty where this is discussed? It ...

[quote="Chkronos"]F-1 visa : You are a Nonresident Alien (NRA) for tax purposes in USA

For capital gains you need to determine if it's USA source income or Canadian source income..

Since your home is in Canada, for tax purposes your capital gains are considered Canadian sourced and are therefore ...

Hi everyone,

I am extremely confused about a few tax issues. Please help!

I am a Canadian citizen studying in the US on a F-1 visa with residential ties (i.e. my parents) in Canada. I am therefore a non-resident alien in the US and a factual resident in Canada.

I have stock investments in US ...