Need Help regarding tax returns

Lisa100 · Post by **Lisa100** » Sat Apr 05, 2008 5:35 pm

I posted in a previous post that I will be filing my final Canadian tax return this month. 5 years ago, I did complete the NR-72- Determination of residency and the Canada Revenue Agency at that time deemed me as a Canadian Resident because of my ties. However, I've recently severed all times except a bank account.

The last 5 years I've been filing US tax returns because of the substantial presence, I am considered a US resident for tax purposes. So, I've been filing US tax returns and paying taxes.

However, my parents have been filing my tax returns in Canada the last 4 years stating I've earned zero income. Is this going to cause problems for me later? I didn't have any knowledge of income tax laws then. Does the IRS and Canada Revenue share income tax returns? What should I do?

Thanks

nelsona · Post by **nelsona** » Sat Apr 05, 2008 9:24 pm

filing a Cdn return commits you to reporting WORLD income on that return.