Search found 39 matches
- Wed Mar 25, 2015 4:18 pm
- Forum: Canada / United States Tax & Accounting
- Topic: more us tax forms ...help
- Replies: 2
- Views: 2979
more us tax forms ...help
ok, I thought paying my 2012 taxes ended my relationship with the US. Now, they are saying I have to keep filing for as long as I am getting alimony from the us...I am paying my taxes to CRA...So, I know I don't owe the irs any money,(I pay more in taxes in Can than I did in the US) but there are so...
- Wed Mar 25, 2015 3:56 pm
- Forum: Canada / United States Tax & Accounting
- Topic: Investments and income tax
- Replies: 3
- Views: 3349
- Tue Mar 17, 2015 9:22 am
- Forum: Canada / United States Tax & Accounting
- Topic: Left ira in usa..any rules I don't know?
- Replies: 1
- Views: 2024
Left ira in usa..any rules I don't know?
I am no longer living in the usa, and I am filing taxes in Canada...I am a Canadian citizen. I have my rsp in the usa in a traditional ira. Do I need to file anything yearly with the irs showing I am not touching that money? Do I need to tell Canada I have that ira and I am not touching it? So much ...
- Fri Jan 02, 2015 11:30 am
- Forum: Canada / United States Tax & Accounting
- Topic: are us taxes and penalties paid claimable on my cdn return
- Replies: 1
- Views: 1834
are us taxes and penalties paid claimable on my cdn return
I left the us in 2012, and just paid out my taxes and penalties to the irs....I was wondering, if any portion of that is claimable, or is there a line on my cdn return where I can enter that...assuming this is beneficial for me. TIA
- Tue Jul 15, 2014 8:23 am
- Forum: Business & Personal Immigration to Canada
- Topic: Divorce
- Replies: 1
- Views: 13089
Divorce
Can you tell me, I am a Canadian, who got divorced in the US, now living in Canada again....is my divorce decree valid in Canada?
- Fri Apr 04, 2014 9:53 am
- Forum: Canada / United States Tax & Accounting
- Topic: Canadian receiving support payments from US.
- Replies: 4
- Views: 3192
- Sat Mar 22, 2014 11:54 am
- Forum: Canada / United States Tax & Accounting
- Topic: Canadian receiving support payments from US.
- Replies: 4
- Views: 3192
Canadian receiving support payments from US.
As a Canadian resident, receiving alimony payments from the USA...do I have to claim all payments rec'd, or just the amount that I actually bring over to Canada.? Right now, my payments go to my us bank account, and I withdraw as needed. And if so, what method of conversion do I use, when the bank r...
- Wed Sep 04, 2013 10:02 am
- Forum: Canada / United States Tax & Accounting
- Topic: receiving alimony from US, living in Canada
- Replies: 5
- Views: 3507
- Tue Aug 13, 2013 7:37 am
- Forum: Canada / United States Tax & Accounting
- Topic: receiving alimony from US, living in Canada
- Replies: 5
- Views: 3507
Alimony. Alimony and similar amounts (including child support payments) from Canadian sources paid to U.S. residents are exempt from Canadian tax. For purposes of U.S. tax, these amounts are excluded from income to the same extent they would be excluded from income in Canada if the recipient was a C...
- Fri Aug 09, 2013 5:22 pm
- Forum: Canada / United States Tax & Accounting
- Topic: receiving alimony from US, living in Canada
- Replies: 5
- Views: 3507
receiving alimony from US, living in Canada
I am a Canadian citizen/resident. I was living in the US, and got divorced there. I am now back in Canada, receiving alimony from my X, who is in the US. I've been told different things...so, do I have to claim it in Canada as income, or am I exempt under the treaty? Thank you.
- Tue Jan 17, 2012 11:54 am
- Forum: Canada / United States Tax & Accounting
- Topic: keeping ira heading to Canada
- Replies: 2
- Views: 2527
keeping ira heading to Canada
Assuming my income stays in the lowest tax bracket in Canada 20%, I can see the arguement for leaving my ira as is, and NOT rolling it to a Roth. Even though I will have to pay the US 15%, the foreign tax credit will get some of that back. Whereas, if I do the rollover on 200,000,00 I would loose so...
- Fri Jan 13, 2012 1:23 pm
- Forum: Canada / United States Tax & Accounting
- Topic: 401k owner heading back to Canada
- Replies: 43
- Views: 23560
OK, took awhile, but you had asked why they wanted me to keep the IRA, I finally got my answer. Because, if nothing changes, I will have a low income, and they said with paying the 15% to the US, and claiming the foreign tax credit it would be better than having rolled it into a Roth. Assuming I pay...
- Mon Jan 09, 2012 6:22 pm
- Forum: Canada / United States Tax & Accounting
- Topic: 401k owner heading back to Canada
- Replies: 43
- Views: 23560
- Mon Jan 09, 2012 12:43 pm
- Forum: Canada / United States Tax & Accounting
- Topic: 401k owner heading back to Canada
- Replies: 43
- Views: 23560
- Sat Jan 07, 2012 4:25 pm
- Forum: Canada / United States Tax & Accounting
- Topic: 401k owner heading back to Canada
- Replies: 43
- Views: 23560
My income for this year will be 15,000.00, and I file HOH. I am going to need to make a withdrawal on my Roth before I leave, I would like to end up with about 30,000.00. If I take 50,000.00 out, I pay 30% to the irs, am I still in a low enough income bracket in the USA to do this? I am asking becau...