Worldwide income statement - Canada Tax Return

regina · Post by **regina** » Wed Apr 02, 2008 1:42 pm

Hi, nelson, I am hoping that you can answer this question, because this will be the last one before I submit my canada return or if not, hope someone else can help.

I am not reporting 217 election (it is not to my benefit), do i still need to attach a note to state my and my husband's worldwide income? Is it mandatory? I read from this forum that CRA need a copy of W-2 and 1040, but it is not mentioned in the emigrant guide or CRA website, so do I need to? Thank you.

nelsona · Post by **nelsona** » Wed Apr 02, 2008 1:59 pm

You need to attach a statement of worldwide incopme only if you are going to claim the full non-refundable credits on your return. If you pro-rate, then such statement is not required. Thius is clearly explained in the emigrants guide.

The need to attach 1040 or w-2 is if you are reporting US income while residnt in canada and claiming US tax as a credit; you are not.

regina · Post by **regina** » Wed Apr 02, 2008 4:25 pm

Thank you, nelson. To further clarify, I used ufile and put emigrating date. the software automatically calculated the days and prorated personal amount credits etc., is this the type of prorate you mean or something else? Thank you.

regina · Post by **regina** » Thu Apr 03, 2008 11:01 am

Please, nelson. Is this a yes? Thank you.

nelsona · Post by **nelsona** » Thu Apr 03, 2008 11:03 am

Ufile handles everything correctly. Read Emigrants guide.

happy filing.