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November 22, 2009, 10:48:42 am
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Moving Money from USA
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Topic: Moving Money from USA (Read 76 times)
akka
Newbie
Posts: 2
Moving Money from USA
«
on:
November 16, 2009, 07:52:21 pm »
Hi
I recently moved from USA.I was working theri and taxed.If I have to bring that money to Canada,will I be taxed on it?
Regards
Akhil?
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jes_ON
Hero Member
Posts: 261
Re: Moving Money from USA
«
Reply #1 on:
November 21, 2009, 12:38:31 pm »
No, not if you mean by the Canadian government (service fees to move the money are another matter).
First-year taxes in Canada are a bit complicated, and, you'll have to file in the US too. Actually you'll have to prepare your US Federal return before you can complete your Canadian return. Make sure your US employer has your new address so that you'll get your W-2s...
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