Search found 144 matches
- Sat Apr 15, 2006 8:09 pm
- Forum: Canada / United States Tax & Accounting
- Topic: Dual Status Filing
- Replies: 14
- Views: 9028
Dual versus full year resident?
Although one has a choice about whether to be dual status or full-time U.S. resident in the year of move, and the latter tends to be more favorable, I do not think it's a no-brainer. The reason I will submit my tax return on April 17 and not over a week ago is that I see very little daylight between...
- Sat Apr 15, 2006 7:47 pm
- Forum: Canada / United States Tax & Accounting
- Topic: Turbo Tax, RRSP Distributions, Form 1116, Deductions, Credit
- Replies: 17
- Views: 18590
All I can say is that I have also struggled with TurboTax. I have Canadian income, including capital gains, and want to claim a foreign tax credit. It is very difficult to be confident that TurboTax knows what it's doing in this regard. If your foreign income and foreign tax paid are reported on a 1...
- Fri Apr 14, 2006 12:50 am
- Forum: Canada / United States Tax & Accounting
- Topic: Tax software for doing both Canadian and U.S returns
- Replies: 19
- Views: 14277
Form 8833
Nowhere does it say that Form 8833 is used by married couples in year of move to choose U.S. resident status. Pub 519 US Tax Guide for Aliens page 9 says to submit a "statement". The authority for married couples to choose this, if both become U.S. residents during the year, is IRC 6013(h)...
- Thu Apr 13, 2006 11:34 pm
- Forum: Canada / United States Tax & Accounting
- Topic: Tax software for doing both Canadian and U.S returns
- Replies: 19
- Views: 14277
- Thu Apr 13, 2006 3:57 am
- Forum: Canada / United States Tax & Accounting
- Topic: Tax software for doing both Canadian and U.S returns
- Replies: 19
- Views: 14277
Now to the US return
Pleased to report that thanks to your, (primarily nelsona's) advice, I have successfully used Quicktaxweb to do Canadian taxes, printed it out and mailed it in. I know that this is NOT a software forum, but nevertheless: I'm using TurboTax for U.S taxes, and planning to file married filing jointly v...
- Thu Apr 13, 2006 3:38 am
- Forum: Canada / United States Tax & Accounting
- Topic: RRSP contributions by a U.S. resident - advice please
- Replies: 12
- Views: 8448
Why would anyone move from Canada to the Twin Cities?
There's no surfing there, is there? When I state "illegible", I don't mean that literally. I just mean that the Rev Proc 2002-23, as written, is gobbledygook. But back to cmkellar's last comment: At any rate, it's good to know that the contributions I made recently are allowed by the U.S. ...
- Thu Apr 13, 2006 3:24 am
- Forum: Canada / United States Tax & Accounting
- Topic: Need advice on whether to File CDN Taxes- CDN (PR) + H1B
- Replies: 2
- Views: 2555
Given the info you've disclosed, I'd say it's unlikely that you have to file a Canadian tax return, but if you think there's any risk, I'd recommend seeing a pro. If you have non-registered investments in Canada, you should have already told your financial institution(s) that you are a non-resident,...
- Wed Apr 12, 2006 1:40 am
- Forum: Canada / United States Tax & Accounting
- Topic: RRSP contributions by a U.S. resident - advice please
- Replies: 12
- Views: 8448
Where is Rev Proc 2002-23?
I sympathize with cmkellar's inability to find Rev Proc 2002-23, because it is not possible to find it at www.irs.gov via its search function. I am grateful to Google and Uncle Fed for presenting to us. In any case, actually possessing Rev Proc 2002-23 may be good for something: starting a fire, sla...
- Sun Apr 02, 2006 6:39 pm
- Forum: Canada / United States Tax & Accounting
- Topic: Lowest marginal tax rate for 2005: 15% or 16%
- Replies: 2
- Views: 2252
Lowest marginal tax rate for 2005: 15% or 16%
Schedule 1 has 16% but the CRA website states 15%? Which is it?
- Sun Apr 02, 2006 6:37 pm
- Forum: Canada / United States Tax & Accounting
- Topic: Another Address Question
- Replies: 5
- Views: 3989
Perhaps the dumbest address question ever, but I gotta know
I departed BC on April 29, 2005, for the U.S. If I complete the paper T1 General, in the box "information about your residence", the first command is "enter your province or territory of residence on December 31, 2005." Below that, it commands "if you became or ceased to be ...
- Sun Apr 02, 2006 3:09 pm
- Forum: Canada / United States Tax & Accounting
- Topic: Canadian provincial tax for non-residents
- Replies: 13
- Views: 8272
Sorry
I just noticed I referred to T1234, when I mean T1161, of course! Regret the error.
- Sun Apr 02, 2006 3:07 pm
- Forum: Canada / United States Tax & Accounting
- Topic: Canadian provincial tax for non-residents
- Replies: 13
- Views: 8272
- Sun Apr 02, 2006 2:47 pm
- Forum: Canada / United States Tax & Accounting
- Topic: Canadian in US on dependent visa working telephone to Canada
- Replies: 2
- Views: 2128
- Sun Apr 02, 2006 2:45 pm
- Forum: Canada / United States Tax & Accounting
- Topic: Another Address Question
- Replies: 5
- Views: 3989
Before I left Canada, I informed CRA of my new US address (April 2005). A while back, CRA (in Hull, QC) mailed me T1 package, with a sticky label carrying my U.S. address. There are two quirks: I have moved within the U.S. since that date; and they set me a T1 package for Ontario, but I moved from B...
- Sun Apr 02, 2006 2:35 pm
- Forum: Canada / United States Tax & Accounting
- Topic: Best tax arrangement for a Canadian working for a US company
- Replies: 9
- Views: 5530