Canadian living in US for 250+ days a year (TN Visa)

djmphan · Post by **djmphan** » Thu Oct 11, 2012 6:27 pm

I am Canadian and have been working in the US for ~250 days this year on a TN Visa as a consultant for a US company.

Am I required to file in both Canada and US? Do I file in Canada first? US first? Do I end up paying more?

I know nothing of taxes, can someone help?

Thanks,

J

nelsona · Post by **nelsona** » Thu Oct 11, 2012 9:27 pm

what is your living situation? If you reside in canada, you will ahve to file in both countries.

djmphan · Post by **djmphan** » Thu Oct 11, 2012 10:53 pm

I am a Canadian citizen. I stay at a company apartment while working in the us. I have an apartment in Canada.

nelsona · Post by **nelsona** » Fri Oct 12, 2012 5:46 am

your us income is reported on a 1040nr.
you then report all income on your cdn return, and take credit for your US federal, state. and fica taxes.

djmphan · Post by **djmphan** » Fri Oct 12, 2012 10:59 am

Thanks for the help.

Side note - do I end up paying pretty much the same amount of taxes as I would if I was doing a normal return in Canada?

nelsona · Post by **nelsona** » Fri Oct 12, 2012 12:00 pm

Ideally, yes. sometimes the entire amount of US tax is not credited (due to the manner in which the creit is calculated, and depending if you have Cdn income as well), but it is pretty close.