Serbinski Accounting Firms

While filling USA taxes and showing world income in USA, do we have to submit T4,T5 etc in 1040 paper tax filing.

DS

Quicktax online version does not support the emigrant date entry, but Quick tax download version does support emigratn date entry. Well, the good news is you done with Ufile....

So in short its the total income which is to be reported on 1040 and NOT the net income what we get after deducting RRSP cont.

While showing the CAD income on 1040...

From Canadian tax to 1040:

(1) Which income is to be reported (a) line 150 (Total income) or (b) line 236 (net income)

(2) Are CPP and EI are to be included in total tax paid?

DS

Because of all the extra paper work 1116 or 2555 and Canadian taxes, I think It would be more advisable to ask them to pay for taxes as this would be a consequence of getting paid for 2008. Its like the more you don't wanna do taxes in both the countries as I was planning to do in 2008, the more you...

My company where I use to work in Canada, made some wrong calculations while calculating my departing pay in 2007. They are interested in paying me the same in 2008. (after legal altercations) I realize this would be confusing, but if they are paying me in 2008 would cost me extra to do my 2008 taxe...

Thanks Nelsona for all your help!!! The good part is the 240 days grace period, but the bad part is that if I have to go and meet my friends or visit family in Canada and come back , won't be possible because then I had to apply for a new TN on border.

My TN is expiring mid june this year. Looked into the mail procescing dates and noticed they are approx 3 months back. If I apply now by mail say in a week and don't hear from Vermont before my TN expires in mid June, do I have any bonus days I can work legally waiting for them to reply me back??

I cannot comment on the Quebec insurance program, but Turbo Tax standard Candian edition for Ontraio did not ask any questions about the income made after we left Canada. When we filed return we used the Ontario forms. As far as I had absorbed from this site, we should not be reporting the USA incom...

Got wrong RRSP slips second year in a row from this bank in Canada. Last year they messed up wtih my RRSP and T-5 slips. Called the bank and talked to them and they are threatning to close my account. I realize they can close any time they want, but what would happen to my FD's which are not matured...

Canadian citizen working in US on TN since July 2007. Trying to open a savings account in US and the bank says I would need W8 Ben and I m saying it should be W9 form.

Any thoughts.

No penalties, just asking the original money owed...

Friends, Let me share this experience with the forum so that anyone who is going through this in the future should take note of it. After emigrating Canada in July 2007, we were still getting UCB, Child tax credit. When we found in Nov that we were not eligible to receive all these payments as we ha...

Greg, The software discussion was going on for around 4-5 posts before u posted ur questions. As Nelsona suggested me, there's is no point in doing the online versin of Quick tax in Canada. Online version does not support the emirant date entry. I called them and downloaded the CD version online and...

Any updates cimit???