US Greencard holder working in Canada = doubly taxed?

azm · Post by **azm** » Tue Dec 18, 2007 7:55 pm

AFAIK, US Greencard holders may be able to maintain their GCs with a reentry permit and filing taxes in the US as residents of the US. If the GC holder works in Canada, would s/he be doubly taxed by both US and Canada on income? any advise would be appreciated.

nelsona · Post by **nelsona** » Tue Dec 18, 2007 9:40 pm

Yes. US citizens and grren card holders are required to file regardless of hwere they live. In fact it is a requirement for maintaining GC.

Relief comes thru the foreign eraned income exclusion (form 2555) and/or the foreign tax credits (form 1116) on your 1040.