Search found 18244 matches
- Tue Mar 27, 2007 9:59 am
- Forum: Canada / United States Tax & Accounting
- Topic: Capital Gains in Canada?
- Replies: 5
- Views: 3858
- Tue Mar 27, 2007 12:28 am
- Forum: Canada / United States Tax & Accounting
- Topic: CDN PR live in CAN,work for CDN co.,CDN income,TN wrk in US
- Replies: 13
- Views: 7245
- Mon Mar 26, 2007 10:06 pm
- Forum: Canada / United States Tax & Accounting
- Topic: Question on Tax on Foreign Dividends
- Replies: 4
- Views: 4004
Well, if that was the report you got from your Cdn broker, then the dividends were 100% from a foreign country -- Canada. Don't forget that this form is used by every US broker, and you may have held US shares, 3 BCE shares and 10 shares of a UK bank. Then you would have had to divvy up what was US,...
- Mon Mar 26, 2007 6:46 pm
- Forum: Canada / United States Tax & Accounting
- Topic: CDN PR live in CAN,work for CDN co.,CDN income,TN wrk in US
- Replies: 13
- Views: 7245
If you reside in US ( especially if you are in US for more thamn 183 days in the calendar year), you will have to pay US taxes. The residence is not that important, the physical presence in US is. If you need more informatiopn, read the other posts on this site. You don't seenm to have a specific pl...
- Mon Mar 26, 2007 6:31 pm
- Forum: Canada / United States Tax & Accounting
- Topic: 8891 Never Filed
- Replies: 32
- Views: 23697
- Mon Mar 26, 2007 9:55 am
- Forum: Business & Personal Immigration to Canada
- Topic: Retirement To Canada
- Replies: 4
- Views: 9878
Your pension will be reported in both countries, taxed in US first, with credit given on your Cdn return. This might result in a little extra tax in Canada. You can keep whatever ties you wish in US, except a US brokerage (non-retirement) account. Assuming you are US citizen, I would suggest that yo...
- Mon Mar 26, 2007 9:44 am
- Forum: Canada / United States Tax & Accounting
- Topic: Ontario locked-in RRSP for non-residents
- Replies: 1
- Views: 2333
- Sat Mar 24, 2007 10:07 pm
- Forum: Canada / United States Tax & Accounting
- Topic: TurboTax: Maximum deductions
- Replies: 15
- Views: 9792
- Sat Mar 24, 2007 4:57 am
- Forum: Canada / United States Tax & Accounting
- Topic: TurboTax: Maximum deductions
- Replies: 15
- Views: 9792
- Fri Mar 23, 2007 1:06 pm
- Forum: Canada / United States Tax & Accounting
- Topic: Canadian Citizen, US PR to work in Canada temporarily
- Replies: 16
- Views: 8889
- Fri Mar 23, 2007 12:46 pm
- Forum: Canada / United States Tax & Accounting
- Topic: TurboTax: Maximum deductions
- Replies: 15
- Views: 9792
The overriding proncipal you should remamber is that US persons report income from all over the world. So they are not constrained to reporting 'this box goes on this form and on this line' like we do in Canada. Therefore ALL wages go on line 7, ALL interest goes on 8, ALL pensions go on 16,etc. Reg...
- Fri Mar 23, 2007 12:33 pm
- Forum: Canada / United States Tax & Accounting
- Topic: Foreign tax credit and AMT
- Replies: 10
- Views: 6393
probably. My point is that the W-2 may be misleading, but it is not incorrect. And if any tax was withheld in canada 9rightly or wrongly), the T4 is the only method to report it. As I said, being a former QCer, I'm quite familiar with variations betwen T4 and RL-1, even for the same employee. There ...
- Fri Mar 23, 2007 11:36 am
- Forum: Canada / United States Tax & Accounting
- Topic: Foreign tax credit and AMT
- Replies: 10
- Views: 6393
- Fri Mar 23, 2007 11:19 am
- Forum: Canada / United States Tax & Accounting
- Topic: Canadian Citizen, US PR to work in Canada temporarily
- Replies: 16
- Views: 8889
- Fri Mar 23, 2007 11:17 am
- Forum: Canada / United States Tax & Accounting
- Topic: Foreign tax credit and AMT
- Replies: 10
- Views: 6393
I'm not so sure of this. This may be analogous to a Cdn working in Toronto and Montreal, for the same firm. Their T4 would indicate all wages, and there RL-1 would indicate Quebec-source wages only. Withholding would have been adjusted. He would not geta T4 with a reduced wage ammount. The worker wo...