Questions for Canadian moving to US

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nelsona
Posts: 18363
Joined: Wed Oct 27, 2004 2:33 pm
Location: Nowhere, man

Post by nelsona »

As a US resident, you need to report world income. Since the company is in canada you pay Cdn rtax as well.

You don't net the income after tax. You report ALL income and get credit for tax.

Wages and dividends are not taxed the same for non-residents of canada.

Wages and dividends are not taxed the same for US residents.

But they are both taxed by both entities
nelsona non grata. Non pro. Please Search previous posts, no situation is unique as you might think. Happy Browsing :D
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