Serbinski Accounting Firms

probably. My point is that the W-2 may be misleading, but it is not incorrect. And if any tax was withheld in canada 9rightly or wrongly), the T4 is the only method to report it. As I said, being a former QCer, I'm quite familiar with variations betwen T4 and RL-1, even for the same employee. There ...

Carson, how would the US entity report wages to the employee other than on a W-2?

The payor is still the US employer: he needs to report the wages to his employee on a W-2.

So, she would buy properety but not live in it, while you would also rent an appartment?!

You are becoming Cdn resident.

I'm not so sure of this. This may be analogous to a Cdn working in Toronto and Montreal, for the same firm. Their T4 would indicate all wages, and there RL-1 would indicate Quebec-source wages only. Withholding would have been adjusted. He would not geta T4 with a reduced wage ammount. The worker wo...

Please do not waste your time calling the IRS telephlunkies. They are notoriously incorrect, and inconsistently incorrect.

yes, if you have been subject to AMT you will need to submit 1116-AMT

I would NOT rely on your pencil 1116. They are so many limitations on 1116, that it is impossible to account for them all. Any differences you are getting are probably due to (a) how you entered the information from the beginning, and (b) how each package treats the definition of GROSS income (that ...

It doesn't really matter what the W-2 wage says. You would have had to report all the wages anyways. Just don't report the T1 wages on top of it.

The T1 wages are foreign source, of cource. You may have relief by the re-sourcing rules on your US-source wages.

The software sounds right. This is the problem with AMT.

But yes, in general it is always better to use software to do one's taxes, and go thru every question on the interview.

Thec sales tax deduction is well known. It generally is for people who live in states with no state income tax, or in years when one made a large consumer purchase. Otherwise state income taxusually trumps over sales tax.

I would add on that that if you are entitled to US citizenship now, get it done before leaving.

OHIP is a secondary tie, but DAYS are what will be most important. Once you hit 183 days, you will be resident for the year. If that is the case, then it is sometimes better to declare yourself a RETURNED resident. with an arrival date, rather than subject yourself to entire year of taxation. If you...

Well, the interst is subject to NR tax, so for every dime you get, they should be sending a penny to CRA.

The low interst rate is more than making up for the 'supposed' exchange benefit, which I would venture to say is illusory.

Note, that this would be six months in a calendar year, so a well-timed move, say, in late june and a return to US in early July of the following year, with time spent in US could get you off the hook. As I said, the school is only intersted in you having insurance, it does not have to be OHIP. if y...