Search found 18244 matches
- Fri Apr 13, 2007 9:27 am
- Forum: Canada / United States Tax & Accounting
- Topic: Canadian departure tax return - how long does it take ?
- Replies: 2
- Views: 2563
- Fri Apr 13, 2007 6:26 am
- Forum: Canada / United States Tax & Accounting
- Topic: Can interest from Canada be excluded using 2555?
- Replies: 7
- Views: 4700
- Fri Apr 13, 2007 6:19 am
- Forum: Business & Personal Immigration to the United States
- Topic: Working for Canadian employer on dependant visa
- Replies: 6
- Views: 8811
- Thu Apr 12, 2007 3:25 pm
- Forum: Canada / United States Tax & Accounting
- Topic: LIRA Witholding Rate?
- Replies: 16
- Views: 9584
- Thu Apr 12, 2007 3:22 pm
- Forum: Canada / United States Tax & Accounting
- Topic: LIRA Witholding Rate?
- Replies: 16
- Views: 9584
- Thu Apr 12, 2007 2:21 pm
- Forum: Canada / United States Tax & Accounting
- Topic: NON REPORTING OF 401K Withdrawls
- Replies: 8
- Views: 6613
- Thu Apr 12, 2007 2:19 pm
- Forum: Canada / United States Tax & Accounting
- Topic: LIRA Witholding Rate?
- Replies: 16
- Views: 9584
- Thu Apr 12, 2007 1:34 pm
- Forum: Canada / United States Tax & Accounting
- Topic: NON REPORTING OF 401K Withdrawls
- Replies: 8
- Views: 6613
.. and just for my own peace of mind. Did you or did you not report these contributions as earning on your Cdn tax return, during 1996-2001. If you did, you might want to include copies of your W-2 and T1s to show that you did just that. Reviewing your posts, you seem to have been very careful never...
- Thu Apr 12, 2007 1:20 pm
- Forum: Canada / United States Tax & Accounting
- Topic: NON REPORTING OF 401K Withdrawls
- Replies: 8
- Views: 6613
This is good news. To assist you in making your claim, remember 2 things; Your 401(k) is recognized as an Employer Benefit Plan (EBP). Very important to use this term. and that ITA (6)(1)(g)(ii) allows exclusion of income that is considered employee contribution. Look at IT-502 para. 19, and, if you...
- Thu Apr 12, 2007 10:16 am
- Forum: Canada / United States Tax & Accounting
- Topic: NON REPORTING OF 401K Withdrawls
- Replies: 8
- Views: 6613
Just to clarify: If, however, you lived in Canada all that while you were working, You should have reported the income (in the year you withdrew it) with a note indicating that it was not taxable, due to it being the return of your previously taxed contribution. You would have detailed records of YO...
- Thu Apr 12, 2007 9:59 am
- Forum: Canada / United States Tax & Accounting
- Topic: Determine residency status by income, how to?
- Replies: 5
- Views: 3432
In the year of departure, you report ALL world income earned before departure, and then ONLY CDn income which was not subject to flat NR tax after departure. This highlights the importance of telling your broker/banker/etc that you are non-resident.If you have not done so, this weakens your claim to...
- Thu Apr 12, 2007 9:55 am
- Forum: Canada / United States Tax & Accounting
- Topic: Question about deferring RRSP income for permanent resident
- Replies: 7
- Views: 5057
- Thu Apr 12, 2007 12:00 am
- Forum: Canada / United States Tax & Accounting
- Topic: NON REPORTING OF 401K Withdrawls
- Replies: 8
- Views: 6613
- Wed Apr 11, 2007 11:45 pm
- Forum: Canada / United States Tax & Accounting
- Topic: Canadian PR commuting to work in MI from ON on H1B
- Replies: 1
- Views: 2084
- Wed Apr 11, 2007 11:39 pm
- Forum: Canada / United States Tax & Accounting
- Topic: Is ufile.ca good enough to handle emigrant from Quebec?
- Replies: 4
- Views: 5306
As I said before, the stock option is part of your Cdn wages, so must be included with your wages on your Cdn return. The tax withheld on that is NOT NR tax (QC is not allowed to collect NR tax). It is tax payment to be included on your Fed and QC return. Only the tax owed when you calculate your re...