Serbinski Accounting Firms

You have to look at the Michigan rules yourself.

You're acquisition date is your original date pf purchase. The months that you are eligible for tax break are the ones in which you were resident, plus 12. Using your date makes ALL the post-departure taxable; there would be no change of use in that case, and you have made an incorrect interpretatio...

Advice: when Turbotax doesn't fit your situation, don't use it.

I would find it hard to beleive that you owe no tax in Canada, since by my calulaion you would owe AT LEAST tax on 18/45ths of the net profit. When you left Canada, your home ceased to be your pricipal residence, but CRA gives you one more year as a bonus in calculating your taxable gain, so you are...

Yes.

As a Cdn living in canada you can file always file as a US non-Resident or Resident.

I give up. You say you will be in US less than 31 days, yet you say you will be residning in US?

Please be more precise as to which year you are talking about, and when you will move to US.

CPP is the equivalent of social security. I don't do numbers. I disagree that simply because you worked as an employee in US, that you could not be a contractor in canada for that company. This is false. Since you already have medical coverage, as well as Provincial healthcare, I would take the cont...

As I said, you could mantian your US home and visit Canada only occasionally, having your fsamily come and visit you instead. Cdn taxes are not that high anymore, so going thru hoops to do this, in my opinion is not worth it. If you are really concerned about working as soon as you go to canada, you...

The moment you establish residential ties in canada with your family, you would be a Cdn resident for tax purposes. Any income earned, form any source, after that date, would be fully reportable in canada. You would both file "Newcomer" tax returns for the year you arrive. Any payment you ...

You are indeed paying your share FEDERALLY, but that is why I said Ontario would be intersted.

NR74 is for your case, not NR73. You would have to send it if CRA asked for it.

You should be filing as a Cdn living in Ontario. Period. You are entitled to any deduction or credit for your brother that you would be entitled to if he lived away from you but in canada. In US, simply use the Cdn tax as a credit, or, better yet (if you have no children -- not your brother) file us...

No, You are definitely a Cdn (and Ontario resident).

Kudos, for getting a way with it for 1 year, but this scratching after the dependant credit has merely alerted them to your case. When you file an Nr74 as requested, it will become clear.

If your income was from canada, then it is foreign income, regardless of where you live. You don't have to be living outside US to claim foreign tax credit. in act, in some cases you don't even have to have foreign income. What you need is FOREIGN TAX, which you have. So, you DO live in US, thus can...

As long as you live in Canada, you can spend as much time as you want in US and still file as a non-resident.

The key is WHERE DO YOU LIVE.