Search found 18291 matches

by nelsona
Mon Feb 05, 2007 4:51 pm
Forum: Canada / United States Tax & Accounting
Topic: Spouse exemption on 1040NR
Replies: 6
Views: 3876

I was commenting on your preceding post.

I don't generally delve into state matters....
by nelsona
Mon Feb 05, 2007 2:16 pm
Forum: Business & Personal Immigration to the United States
Topic: US Immigration 101
Replies: 3
Views: 6420

If you marry your wife before you get a GC, she is entitled to get GC at the same time you are.

Wiki is not gospel.
by nelsona
Mon Feb 05, 2007 2:15 pm
Forum: Business & Personal Immigration to the United States
Topic: H-1B: Switching Employers
Replies: 38
Views: 36051

There is absolutely no requirement that the new job be anything like the old in order to 'port' or begin working as sson as the paperwork is submitted. It just needs to be H1 eligible, which is usually a slamdunk.

Where did you get that idea?!
by nelsona
Mon Feb 05, 2007 1:51 pm
Forum: Canada / United States Tax & Accounting
Topic: Rental Property Depreciation
Replies: 16
Views: 10807

Doesn't your prop tax assessment divvy this out for you?
by nelsona
Mon Feb 05, 2007 1:50 pm
Forum: Canada / United States Tax & Accounting
Topic: Canadian TN commuting to US - how to file next year?
Replies: 112
Views: 63205

That is more like it.
by nelsona
Mon Feb 05, 2007 1:49 pm
Forum: Canada / United States Tax & Accounting
Topic: Spouse exemption on 1040NR
Replies: 6
Views: 3876

I wouldn't get too hung up on the WITHHOLDING forms, as they don't really mean anything in terms of your final TAX bill. Regardless of how much or how little is withheld, you still have to file a tax return to figure what you ultimately owe. I will say, that NR rates are usually the highest, so the ...
by nelsona
Mon Feb 05, 2007 1:47 pm
Forum: Canada / United States Tax & Accounting
Topic: 8891 Never Filed
Replies: 32
Views: 23827

It is better to defer US income declaration until you have Cdn taxes to match the US tax.
by nelsona
Mon Feb 05, 2007 1:40 am
Forum: Canada / United States Tax & Accounting
Topic: Canadian TN commuting to US - how to file next year?
Replies: 112
Views: 63205

I looked over the 1040NR and I just don't see how the TAXRATE that you calculte on you proforma is greater than the taxrate on your 1040NR. There is no standard deduction, no mortgage deduction, no Cdn charity and the taxrate is higher. Look again. Remeber: it's the TAXRATE, not the total tax that y...
by nelsona
Mon Feb 05, 2007 1:28 am
Forum: Canada / United States Tax & Accounting
Topic: TN Holder with PR of Canada Husband working in Canada
Replies: 3
Views: 2267

1. Probably not. I'lll even say definitely not. 2. You may file jointly in US but would need to include his income. This would have no effect on how he filed in Canada. 3. He is a non-resident alien. But since you are a resident alien, you can elect to have him file with you as a resident. 4. there ...
by nelsona
Mon Feb 05, 2007 1:02 am
Forum: Canada / United States Tax & Accounting
Topic: 1040NR
Replies: 5
Views: 3497

You can claim your CDn resident spouse, as long as she has no US income.
by nelsona
Mon Feb 05, 2007 1:00 am
Forum: Canada / United States Tax & Accounting
Topic: Spouse exemption on 1040NR
Replies: 6
Views: 3876

Yes.
by nelsona
Mon Feb 05, 2007 12:59 am
Forum: Canada / United States Tax & Accounting
Topic: US/Canada Returns
Replies: 17
Views: 12421

Most pepole leaving the US find it better to file a full-year 1040, excluding their post-departure foreign wages using form 2555. Dual-stats will usually yeild a higher US tax.
by nelsona
Mon Feb 05, 2007 12:55 am
Forum: Canada / United States Tax & Accounting
Topic: Withdrawl of RRSP to US resident - pay 25% - anything else?
Replies: 1
Views: 2022

PLease read countless posts on US treatment of RRSP withdrawals, and calculaton of 16b.

Be sure that, if you have been in US a few years, that ALL reporting requiremnts in prevvious years had been met.
by nelsona
Mon Feb 05, 2007 12:52 am
Forum: Canada / United States Tax & Accounting
Topic: Canadian TN commuting to US - how to file next year?
Replies: 112
Views: 63205

I would verify what 'deductions' you got on 1040NR. There are very few that are eligible, if I remember.

Cdn charities for example, are not. They may have losebed the definitions over the years, but I doubt it.
by nelsona
Mon Feb 05, 2007 12:47 am
Forum: Canada / United States Tax & Accounting
Topic: 8891 Never Filed
Replies: 32
Views: 23827

The rule of thumb is 6 years. The IRS accepts when you come forward on your own. When they discover on their own, they hammer you.

My advice back then may have been specific to this case.