1040

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brianbbc
Posts: 87
Joined: Fri Apr 25, 2014 9:17 pm

1040

Post by brianbbc »

My children, now adults, living in Canada have both US and Canadian citizenships. They do file with cra, and I know the irs requires filing but they are students and earn under the standard deduction set by the irs. Do they need to file a 1040 with low income threshold? The typical American living in the USA won’t have to, unless there is a financial benefit of getting money back, but what about this situation. Can’t find an answer on this
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nelsona
Posts: 18363
Joined: Wed Oct 27, 2004 2:33 pm
Location: Nowhere, man

Re: 1040

Post by nelsona »

There is no real difference for them living in Canada. Just be sure that they aren't missing any reporting requirements like FBAR.
nelsona non grata. Non pro. Please Search previous posts, no situation is unique as you might think. Happy Browsing :D
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