Canadian Resident and Citizen Working for US Corp - Tax Help

This is our main tax information forum which deals with topics concerning Canadians living and working in the U.S., U.S. citizens contemplating working in Canada, and all aspects of Canadian and U.S. income tax and related adminstrative issues.

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jvwilson
Posts: 1
Joined: Fri Apr 13, 2007 11:25 am

Canadian Resident and Citizen Working for US Corp - Tax Help

Post by jvwilson »

Hi All,

I have read through many of these post and many are very helpful. This is my scenario, I am just going into business with a partner in a firm in North Carolina. I am going to be working out of my home office in Toronto. When it comes to taxes do we take all the US federal/state tax off my paycheck and then when I file my taxes do I file both in the US and Canada? On my Canadian taxes do I just claim all the US taxes as a foreign tax credit? Sorry I am really new to all this stuff. Thanks.

JW
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