Please validate my tax checklist for US/Can move + questions

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minster
Posts: 29
Joined: Mon Aug 15, 2016 11:35 pm

Please validate my tax checklist for US/Can move + questions

Post by minster »

I'll keep it simple.
I moved to California from Quebec, Canada in October 2016 with my wife on a TN visa, my wife is on a TD. I sold off all my non RRSP assets before leaving to simplify my taxes, I only have money in bank accounts and RRSPs left in Canada. My wife is the same, plus a house.

I just need validation of my checklist below to see if I missed anything.

Canadian Tax checklist:
1. My spouse and I will both file our federal exit returns with departure date.
2. My spouse and I will both file our Quebec returns as normal
2. My spouse and I will file T1243 Deemed Disposition (Empty except for the top part?)
3. We won't file T1161 since we don't own over $25,000 of properties in Canada. My wife has a house but that seems excluded.

U.S. side tax checklist:
1. File a single 1040NR for federal return.
2. File a single 540 for California return
3. File FBAR for my bank accounts and RRSP accounts

Questions
1. For the 1040NR form, my spouse is on a TD visa and therefore does not have a ITIN. What do I put for her identification number. Do I attach a W7 form for her with the application and write something like "See attached W7" where it asks for identification.

2. Since my wife is not authorized to work (TD visa), does she need to file a 1040NR and 540 as well? I'm guessing no, but just making sure.

3. For the T1243, do we leave the table empty if we have no qualifying property. Unless I need to put down things like clothes, electronics, jewelry etc??

4. Any tax software that can do both 1040NR and 540?

5. Anything else I may have missed?

Thanks!
nelsona
Posts: 18699
Joined: Wed Oct 27, 2004 2:33 pm
Location: Nowhere, man

Post by nelsona »

I will only point out errors in your post.

2. Your QC return will also have same departure date.
US:
1. You will file as married on 1040NR. You are never single in US.
2. ditto. You file a part-year California return, including any internal RRSP income you received after October.
3. Not really necessary since you are not technically resident at end of 2016.
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
minster
Posts: 29
Joined: Mon Aug 15, 2016 11:35 pm

Post by minster »

Thx Nelsona.

Can you also answer the questions I had under the checklist please. Thanks in advance.
nelsona
Posts: 18699
Joined: Wed Oct 27, 2004 2:33 pm
Location: Nowhere, man

Post by nelsona »

Perhaps someone else can.
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
john717
Posts: 2
Joined: Wed Mar 02, 2016 3:46 pm

Post by john717 »

For question #1, you attach the W7 to the 1040NR and send it together to the address specified in the W7 instructions (https://www.irs.gov/instructions/iw7/ch01.html). Do not send it to the regular 1040 IRS mailing address. For your wife's identification number, you can put "Applied For".
tony
Posts: 102
Joined: Tue Oct 18, 2016 8:50 pm

internal RSSP gain on california tax

Post by tony »

1. what form to report this income?
2. although the gain NOT withdrawn need to include?
3. even 1040NR which means non resident?

thanks
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