you should use AGI (after deducting relocation expense) as ur income in US
-freener(合适);
2008-4-3(#4373142@0)
刚刚会计给我了电话,会计师也是加拿大人,他说我不用报离开加拿大后的收入.what a good news! 希望和我类似情况的人可以参考.
-thiamin(梅干菜烧肉);
2008-4-3(#4373407@0)
Did you file 1040-NR for your US tax? Thanks.
-lili1973(Lili);
2008-4-3(#4373543@0)
according to my tax accountant, I will file US income tax as a tas resident.
-thiamin(梅干菜烧肉);
2008-4-3(#4373630@0)
As long as you don't get caught it will be ok. To be eligible as resident, you have to live in the US for more than 180 days. You can only file it as alien.
-jeffrey815(Smartiecat);
2008-4-3(#4374335@0)
what kind of accountant would say that? you definately need to report US income to Canada since you were tax resident in Canada after having lived in Canada for 9 months. And i bet you didn't deduct moving expense, a common mistake
-transformers(Transformers);
2008-4-3(#4373582@0)
right, 会计师 said I don't repot income from US and I don't claim moving expense as well. But I do report Canadian income and moving expanse to US.
-thiamin(梅干菜烧肉);
2008-4-3(#4373619@0)
plain wrong. i know because i myself is an accountant (licensed in both Canada and US) and i myself is transplanting.
-transformers(Transformers);
2008-4-3(#4373627@0)
could you please show me what is right? my accountant is not from nowhere but a big company. I will file US income tax as a tas resident. Bases on this, it doesn't make sense if I report both incomes/moving expense to both countries.
-thiamin(梅干菜烧肉);
2008-4-3(#4373647@0)
i just told you. look two floors above
-transformers(Transformers);
2008-4-3(#4373650@0)
You have to file worldwide income in one country. If you live in Canada more than 180 days you have to file it in Canada. Then tax you paid in the State can be used as a credit in your Canadian return.
-jeffrey815(Smartiecat);
2008-4-3{116}(#4373812@0)
You can choose not to file it but you will take any consequence in the future if you still plan to return to Canada.
He can't. To be eligible for resident, he must live in the US for more than 180 days. He's an alien.
-jeffrey815(Smartiecat);
2008-4-3(#4374331@0)
I have same concern as you do. I am wondering how she worked that out to be Resident in USA? Can she answer this question?
-happpyfuture(ED);
2008-4-3(#4374522@0)
Yes, he can be a tax resident even he only lived in US for 4 months (9~12), assuming he has lived another 2 months in US in 2008 (I bet he has) , he can elect to be a tax resident in US
-heavytax(heavytax);
2008-4-6(#4379208@0)
BTW, I don't have any family tie or anything else in Canada any more.
-thiamin(梅干菜烧肉);
2008-4-3(#4373651@0)
doesn't matter. you lived in Canada for 9 month in 2007, right? you report worldwide income
-transformers(Transformers);
2008-4-3(#4373664@0)
Who said that?
-kwirky(kwirky);
2008-4-3(#4374007@0)
Canadian tax Guid
-happpyfuture(ED);
2008-4-3(#4374216@0)
You guys should read Canada emigrant guide first. Quote: "After you leave Canada, you pay tax to Canada only on income you receive from sources in Canada"
-kwirky(kwirky);
2008-4-3{355}(#4373990@0)
Your tax obligations
For the part of the tax year that you're a resident of Canada for tax purposes, you must report "world income" (income from all sources, both inside and outside Canada) on your Canadian tax return.
After you leave Canada, you pay tax to Canada only on income you receive from sources in Canada (see "After you leave Canada").
moving expense -- I have exact same situation. The company should give you a summary about how much money they paid for moving. This part of the money in not taxable.
-thiamin(梅干菜烧肉);
2008-4-3(#4374384@0)
wrong. it's taxable income but deductible expense. 这点美加规定一样,只是deductible item 不一样。另外建议不要找美国的会计师问加拿大的税务问题。全世界都要懂美国的规矩,美国的只懂美国的规矩。
-transformers(Transformers);
2008-4-3(#4374453@0)
我对这个问题的理解是:既然你的雇主没有把搬家费用打入你的账户,或算作你的2007年的收入,你也就自己没有任何搬家费用支出,那么你就没有任何理由去申报这个 Credit or Deductible. 这样是合理的,除非你自己掏钱去支付搬家费了。
-happpyfuture(ED);
2008-4-3(#4374568@0)
我的搬家费用和最后全家机票什么的都没有算收入,但是卖房子的费用,卖车的损失,lump sum, sign-in-bonus, rental subsidy等都是收入啊。最气愤的是那什么spousal career assistance。。。艾
-thiamin(梅干菜烧肉);
2008-4-3(#4374625@0)
You are wrong. Somewhere in the guide there will be a line that if employers reimburse you for the moving expense, you can't claim the expense and you don't need to report this income.
-jeffrey815(Smartiecat);
2008-4-4(#4375080@0)
moving expense should be shown on your form w-2
-zhu_laoshan(朱老三);
2008-4-4(#4375146@0)
in the box 13 of your w-2 form
-zhu_laoshan(朱老三);
2008-4-4(#4375149@0)
Oh, My God, " 我先提供给会计师今年的信息,会计师比较了之后,发现在美国按resident报税比较划算....", 大姐, 您2007年在美国只待了4个月(120天),少于180天, 不能算resident of US, 1040/1040NR 说得清清楚楚. Are you sure 你的会计师知道他正在做什么 ?
-huimin(huimin);
2008-4-4(#4375305@0)