Search found 18293 matches
- Wed Apr 18, 2007 12:12 pm
- Forum: Business & Personal Immigration to Canada
- Topic: Waiting for P.R. married to Canadian u.s. consultant
- Replies: 1
- Views: 5101
- Wed Apr 18, 2007 11:48 am
- Forum: Canada / United States Tax & Accounting
- Topic: June 15th extension qualification
- Replies: 3
- Views: 3472
Depends what you mean by 'denial'. The IRS will accept your return whenever you hand it in, be it 30 days or 30 months from now. They would probably charge late filing penalty on top of interest and late payment penalty. You would be hard-pressed to be able to contest any penalty. All these 'extensi...
- Wed Apr 18, 2007 10:35 am
- Forum: Canada / United States Tax & Accounting
- Topic: June 15th extension qualification
- Replies: 3
- Views: 3472
Technically this applies only to US citizens and LPRs. You should probably file 4868 and get 6 month extension. If you are filing a 1040 (as opposed to a 1040NR) one could argue that a treaty non-discrimination applies, but that would be a bit heavy-handed IMO. If you are filing a 1040NR however, yo...
- Wed Apr 18, 2007 7:34 am
- Forum: Business & Personal Immigration to the United States
- Topic: Legal costs for visa when switching employers
- Replies: 3
- Views: 5176
- Tue Apr 17, 2007 3:27 pm
- Forum: Canada / United States Tax & Accounting
- Topic: Quebec/US/Canada tax
- Replies: 9
- Views: 5913
- Tue Apr 17, 2007 3:25 pm
- Forum: Canada / United States Tax & Accounting
- Topic: Quebec/US/Canada tax
- Replies: 9
- Views: 5913
- Tue Apr 17, 2007 3:22 pm
- Forum: Canada / United States Tax & Accounting
- Topic: Quebec/US/Canada tax
- Replies: 9
- Views: 5913
Please, if you have a home in US and none in canada, you are not resident in canada. All the things you mentionned are secondary to a home. If you left canad in 2006, you are an emigrant. Look at it this way: If you are still resident now, what event will make you non-resident? giving up one or more...
- Tue Apr 17, 2007 11:03 am
- Forum: Canada / United States Tax & Accounting
- Topic: Quebec/US/Canada tax
- Replies: 9
- Views: 5913
http://www.cra-arc.gc.ca/F/pub/tg/t4056/t4056-06f.pdf Êtes-vous un émigrant? En général, vous êtes un émigrant aux fins de l’impôt si vous quittez le Canada pour vous établir dans un autre pays et que vous rompez vos liens de résidence au Canada. Vous avez rompu vos liens de résidence si...
- Tue Apr 17, 2007 10:59 am
- Forum: Canada / United States Tax & Accounting
- Topic: Quebec/US/Canada tax
- Replies: 9
- Views: 5913
This is incorrect. You are an emigrant. You do not have to meet the SPT if you are going to meet the SPT. You are a residdnt of US is you have a home in US and none in canada. Now, if you still have a home in canada (not rented out) this might be another story. You need to file a departure return. C...
- Tue Apr 17, 2007 9:41 am
- Forum: Canada / United States Tax & Accounting
- Topic: Nonresident alien - reporting cap gains dist/dividends
- Replies: 13
- Views: 8280
I have to admit, that 1040NR, since it ALWAYS results in over-taxation, is not my strong suit. I think you have the tax treatment of your dividends correct. I do want to point out however, that all you are reading on IRS website is IRS regulations, which are ALWAYS superceded by treaty, if it is to ...
- Tue Apr 17, 2007 7:11 am
- Forum: Canada / United States Tax & Accounting
- Topic: Filing extra forms
- Replies: 1
- Views: 1675
you can't file 1040NR, since you live in US. You must report your world income on a 1040, you wife CAN join you on that 1040, if she too reports world income. She can exempt her Cdn wages only by Form 2555. Your wife must also file in canada, as a departing resident. She will be issued a tax ID when...
- Tue Apr 17, 2007 4:44 am
- Forum: Business & Personal Immigration to the United States
- Topic: Volunteering
- Replies: 3
- Views: 4852
- Tue Apr 17, 2007 4:37 am
- Forum: Canada / United States Tax & Accounting
- Topic: Quebec/US/Canada tax
- Replies: 9
- Views: 5913
- Tue Apr 17, 2007 4:32 am
- Forum: Canada / United States Tax & Accounting
- Topic: Nonresident alien - reporting cap gains dist/dividends
- Replies: 13
- Views: 8280
You should have an exemption for yourself, no? You report your dividends on line 10. The 15% is the upper limit of the US tax you could pay. You still calculate the tax normally by including it on your return. Only if the calculated tax was greater than 15% would you invoke the 15% limit. Your tax i...
- Mon Apr 16, 2007 4:28 pm
- Forum: Canada / United States Tax & Accounting
- Topic: Tax Question about my RRSP
- Replies: 0
- Views: 4512
Please read threads on Form 8891. You must report the EXISTENCE of your RRSP, not the income. Your RRSP is tax-defferred in canada, not tax-free. You may choose the same treatment in US. You cannot transfer RRSP to anything without paying 25% Cdn tax. There is no mechanism for taking money from RRSP...