[quote="nelsona"]Short answer: it is taxable in both countries (US because you are a US citizen, Canada because you are a Cdn resident).
Longer answer: Although it is US-sourced, you cannot claim a tax credit on your Cdn tax return for the US tax you owe on the interest because Cdn residents who ...
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- Tue Apr 24, 2018 12:46 pm
- Forum: Canada / United States Tax & Accounting
- Topic: U.S. Citizen in Canada and taxation of U.S. source interest
- Replies: 4
- Views: 3047