Hello: Husband is in Canada with me and started to file 1040.s last year in the USA. Because I got lost in the paperwork we opted to file him MFS because time was running out. Now that I have time I think I will amend and change to MFJ to get some of the money back plus it will be to our advantage this year. My questions are ...
Should I be filing the Canadian return before the US return?
He has to pay taxes on his US pension in Canada, can he get this back as a credit on his 1040? or is that credit for non US income?
If I took $10000 out of my RRSP, the whole amount is not taxable, just the amount that accrued while I would be deemed a resident .. one year?
They eliminated Form 8891 from what I read, if I amend do I still send the Form in for 2013?
thanks for your time
Basic Question I Can't Find the Answer To ..
Moderator: Mark T Serbinski CA CPA
Why would he owe money in US at all, even filing MFS? If his income is all in Canada, he should owe nothing in US by using all the deductions, credits and exemptions available on 1040 MFS.
After 20 years, I am severely cutting back on responses. Do not ask specifically for my help. There are a few others on this board that can answer most questions. All the best
They are deducting US Federal Income Tax from his pension. 2013 was the first year he started collecting his pension ... the taxes he paid I took as a foreign tax credit on the Canadian return and we ended up paying nothing to Canada. This didn't make sense to me and I called Revenue Canada and they said that that is the way it is, sometimes people living in Canada pay taxes to USA and there are people in the USA paying taxes to Canada .. it all balances out?? He is a US citizen...