W2 and FICA withholding for Canadians

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InTown
Posts: 4
Joined: Sat Jan 15, 2011 12:30 am
Location: Florida

W2 and FICA withholding for Canadians

Post by InTown »

I am currently billing my US client on a CDN Corp to US. Corp basis. As my contracts keep extending beyond the original 6 months, I will ask the US Corp that they put me on W2. I will be doing my income taxes both in Canada and US. Is there a provision with W2 that I don't have to pay FICA since I will be paying CPP in Canada? I have a residence in Canada.
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nelsona
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Joined: Wed Oct 27, 2004 2:33 pm
Location: Nowhere, man

Post by nelsona »

W-2 is for employees, so don't do that. You should ask for them to put you on 1099.
Better yet, you should be paying estimates tax to US quarterly on your own. that is what most businesses do.
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
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InTown
Posts: 4
Joined: Sat Jan 15, 2011 12:30 am
Location: Florida

Post by InTown »

[quote="nelsona"]W-2 is for employees, so don't do that. You should ask for them to put you on 1099.
Better yet, you should be paying estimates tax to US quarterly on your own. that is what most businesses do.[/quote]

Thank You so much Nelsona, 1099 makes sense, had not thought about that one.
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