I am Canadian resident, with a offer to work for US company on H1b visa. Company is okay with me, working remotely from canada with occasional travel. I will appreciate, if any one can share their experience. I am wondering how taxation will work.
a) Is this legally possible ?
b) Do i pay double taxes in this case?
c) Can i contribute to 401K plan ?
Any pointer will be appreciated.
H1B, Working remotely from Canada
Moderator: Mark T Serbinski CA CPA
Since you will remain Cdn tax resident, you should be on Cdn payroll. The occasional visits to US should be done as a business visitor, not H1.
401(K) is possible for you. It will be deducted against your wages repirted on Cdn return.
401(K) is possible for you. It will be deducted against your wages repirted on Cdn return.
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