Search found 2 matches

by J.kaminsky
Thu Jan 04, 2018 9:04 pm
Forum: Canada / United States Tax & Accounting
Topic: U.S. Citizen in Canada and taxation of U.S. source interest
Replies: 4
Views: 3047

Can you give me a numerical example how that works? For example, say my US source interest income is 10,000 US. I am a 25% tax bracket taxpayer. And I guess I earned 120,000 in Canadian wage income.
by J.kaminsky
Thu Jan 04, 2018 3:02 pm
Forum: Canada / United States Tax & Accounting
Topic: U.S. Citizen in Canada and taxation of U.S. source interest
Replies: 4
Views: 3047

U.S. Citizen in Canada and taxation of U.S. source interest

I have seen this topic partly addressed, but either the responses are not entirely complete or I haven’t been able to understand them (most likely the latter.)

Here are my facts: U.S. citizen living in Canada (long term). I have earned interest in a U.S. bank account. What are the tax ...