Search found 40 matches

by Grad467_2
Fri Apr 30, 2021 7:24 pm
Forum: Canada / United States Tax & Accounting
Topic: SS and Medicare Tax W/Held and Foreign Tax Credit
Replies: 5
Views: 2026

Re: SS and Medicare Tax W/Held and Foreign Tax Credit

nelsona wrote:
> Yes, against the tax for wages.

Thank you sir. Would State and city taxes be include also or simply, federal + Medicare + SS only?

Thanks once more.
by Grad467_2
Fri Apr 30, 2021 7:18 pm
Forum: Canada / United States Tax & Accounting
Topic: SS and Medicare Tax W/Held and Foreign Tax Credit
Replies: 5
Views: 2026

SS and Medicare Tax W/Held and Foreign Tax Credit

I assume both are considered taxes thus, they should be included when calculating total US foreign taxes paid?
by Grad467_2
Sun Apr 25, 2021 10:00 pm
Forum: Canada / United States Tax & Accounting
Topic: Just found out my son's Ontario Tuition Credits are 0???
Replies: 2
Views: 1295

Just found out my son's Ontario Tuition Credits are 0???

So my son is in graduate studies and he had approximately $16K in Ontario credits in 2019. I looked at his carryover amounts and for federal, he has an amount for 2020 (identical to 2019) but for provincial, it only shows (CRA website) that his 2019 start (from 2018) was $16K but under the "Amo...
by Grad467_2
Sun Apr 25, 2021 9:37 pm
Forum: Canada / United States Tax & Accounting
Topic: Question re: HSA's and a couple of other questions..
Replies: 7
Views: 2620

Re: Question re: HSA's and a couple of other questions..

nelsona wrote: > You cannot claim the HSA contributions as a medical expense. You can claim > the premiums you paid for the work medical insurance. You can claim the > actual medical expenses that were paid by you either out-of-pocket or > directly from the HSA. Just realized this after doing some f...
by Grad467_2
Sun Apr 25, 2021 6:47 pm
Forum: Canada / United States Tax & Accounting
Topic: Tax question about my daughter (RN) who did botox training..
Replies: 1
Views: 923

Re: Tax question about my daughter (RN) who did botox training..

Grad467_2 wrote: > So my daughter who is a RN and a commuter (lives in Canada but commutes to > the US for Henry Ford hospital), took a course for botox's training and > paid out of pocket and received a receipt from the 'Canadian Board of > Aesthetic Medicine' for her out of pocket training. She wa...
by Grad467_2
Sun Apr 25, 2021 6:43 pm
Forum: Canada / United States Tax & Accounting
Topic: Tax question about my daughter (RN) who did botox training..
Replies: 1
Views: 923

Tax question about my daughter (RN) who did botox training..

So my daughter who is a RN and a commuter (lives in Canada but commutes to the US for Henry Ford hospital), took a course for botox's training and paid out of pocket and received a receipt from the 'Canadian Board of Aesthetic Medicine' for her out of pocket training. She was working in cardiology b...
by Grad467_2
Sun Apr 25, 2021 1:39 pm
Forum: Canada / United States Tax & Accounting
Topic: Question re: HSA's and a couple of other questions..
Replies: 7
Views: 2620

Re: Question re: HSA's and a couple of other questions..

nelsona wrote: > HSA: i think you have the notion backwards. Because you are not allowed to > deduct this from your income, youy are then allowed to claim any medical > expenses that you incur that you get reimbursed from the HSA. > > There is only one line for foreign tax on the tax return, and it ...
by Grad467_2
Sat Apr 24, 2021 9:55 am
Forum: Canada / United States Tax & Accounting
Topic: Question re: HSA's and a couple of other questions..
Replies: 7
Views: 2620

Re: Question re: HSA's and a couple of other questions..

nelsona wrote: > HSA contributions must be added back to your wage income. > > That is all I have time for right now. Thank you Nelsona. So the pre-tax money I put into the HSA (the contributions) I have to add to my gross (pre-tax) income (if I understand you correctly)? I thought / assumed being t...
by Grad467_2
Fri Apr 23, 2021 4:20 pm
Forum: Canada / United States Tax & Accounting
Topic: Question re: HSA's and a couple of other questions..
Replies: 7
Views: 2620

Question re: HSA's and a couple of other questions..

Good afternoon everyone. I have a question about HSA's. I am a commuter and I work for a US employer and I pay into a HSA to supplement out of pocket medical expenses. My question is when I use that pre-tax money to offset dental expenses, etc that are over and above the coverage provided by my empl...
by Grad467_2
Sun Apr 18, 2021 9:11 pm
Forum: Canada / United States Tax & Accounting
Topic: Cdn working for a US Employer - Cdn medical expenses via tax credit..
Replies: 1
Views: 1026

Cdn working for a US Employer - Cdn medical expenses via tax credit..

First off, I love this place (found it last year and learned a ton) and nelsona, you are definitely the bomb with the knowledge you share with us (started doing taxes for me and my family over the last 2 years and this place definitely helped me out, thank you). So my questions are below (and thank ...
by Grad467_2
Tue Sep 29, 2020 2:25 pm
Forum: Canada / United States Tax & Accounting
Topic: Still have not received my US Fed Refund
Replies: 5
Views: 2177

Re: Still have not received my US Fed Refund

nelsona wrote: > The fact that nothing os in the system yet tells me you should be sending a > copy as instructed. "Where's my refund" usually works within days > of sending in the form. Nelsona, that's what I plan to day but the lady told me via my call to the IRS that this is not necessa...
by Grad467_2
Mon Sep 28, 2020 4:47 pm
Forum: Canada / United States Tax & Accounting
Topic: Still have not received my US Fed Refund
Replies: 5
Views: 2177

Still have not received my US Fed Refund

Good day all. I did a search and could not find this topic thus the post. I did my 1040-NR and mailed it out approximately June 9 this year and I still do not have any clue the status of my refund check (I also filed for my State return and received a check in July). It was a paper return (from my u...
by Grad467_2
Mon Jun 08, 2020 6:39 pm
Forum: Canada / United States Tax & Accounting
Topic: Renewing a expired ITIN for a dependent
Replies: 3
Views: 1500

Re: Renewing a expired ITIN for a dependent

nelsona wrote: > The best way is to file the W-7 with a return, although, technically, for a > "renewal" of ITIN< you could simply send the W-7. > > Can I ask why you are needing to list your adult children as dependent? > There is no exemption any longer. Thanks for the reply Nelsona! The...
by Grad467_2
Mon Jun 08, 2020 11:49 am
Forum: Canada / United States Tax & Accounting
Topic: Renewing a expired ITIN for a dependent
Replies: 3
Views: 1500

Renewing a expired ITIN for a dependent

Both my adult children (one is 24 and the other is 22) I included as dependents when I did my 1040-NR for 2019 (I haven't sent it in yet). Both of their ITIN numbers expired but my daughter (who still lives with me) started working in the US under the TN visa program and received a SSN but I also in...
by Grad467_2
Mon Apr 20, 2020 3:07 pm
Forum: Canada / United States Tax & Accounting
Topic: US government stimulus check
Replies: 48
Views: 21935

Re: US government stimulus check

Grad467_2 wrote: > Hey guys, I just read that the IRS is currently not accepting paper returns > for 1040-NR (see below). If that's the case, is there anything that can be > submitted via an e-file? I assume that all 1040-NR have to be submitted via > physically mailing in the return based on filing...