US and Canadian Tax Return - how to file

This is our main tax information forum which deals with topics concerning Canadians living and working in the U.S., U.S. citizens contemplating working in Canada, and all aspects of Canadian and U.S. income tax and related adminstrative issues.

Moderator: Mark T Serbinski CA CPA

Post Reply
asbento
Posts: 1
Joined: Wed Feb 08, 2017 1:25 am

US and Canadian Tax Return - how to file

Post by asbento »

Hello,

I have been preparing our Canadian tax returns for a while. My husband and I are residents of US and Canada (husband worked in the US, i lived in Canada while finishing some school). We did not break residency in 2016 due to this fact. I am wondering how I can go about preparing our tax returns for 2016. My husband's company paid for PWC to prepare our 2015 tax returns as residents of US (CA) and Canada but they charge $3000!!
Can i have a US CPA prepare my tax returns (or even prepare them myself with software) and carry over any applicable tax credits to my Canadian tax returns? Is it that simple?

We have broken residency in 2017, so will have another headache to deal with next year :S

Thanks in advance!
Post Reply