CANADAVISA.com Immigration Forum
May 18, 2013, 11:10:28 am
   Home   Assessment Help Search Login Register RSS  
*
Welcome, Guest. Please login or register.
Did you miss your activation email?

 News
 
Pages: [1]   Go Down
  Print  
Author Topic: Have wage incomes in US and Canada, how to file tax?  (Read 930 times)
J1visa
Star Member
****

Posts: 85
Ratings: +0

« on: February 05, 2012, 01:14:22 pm »

Dear all,

I am a dual PR of the US and Canada. I have income in Canada (T4) and income in the US (W2). I stay entire year in the US (without any day in Canada). I also pre-pay taxes in the US and Canada. Do you know how could I file tax returns? Can I file tax return in Canada first as a Canadian resident and do not let Canada know my income in the US, and then file tax return in the US ( I have to let the US know my income in Canada, that is law)? I try to do that way but now I have to pay tax for my income in both Canada and the US. Do you guy know something about tax treaty?

It is really complicated. Thanks for your help.
Logged
J1visa
Star Member
****

Posts: 85
Ratings: +0

« Reply #1 on: March 24, 2013, 01:39:58 am »

I bring the question again for this year. Please help me.
Logged
tahsinmohammad
Hero Member
*****

Posts: 542
Ratings: +7
Category........: FAM
Visa Office......: New Delhi
App. Filed.......: 22-06-2012
Doc's Request.: 15-12-2012,25-02-2013
AOR Received.: 30-8-2012
File Transfer...: 30-8-2012
Med's Done....: 15-6-2012
Passport Req..: 15-9-2012
VISA ISSUED...: InProcess 15th Feb 2013

« Reply #2 on: March 24, 2013, 02:04:40 am »

Dear all,

I am a dual PR of the US and Canada. I have income in Canada (T4) and income in the US (W2). I stay entire year in the US (without any day in Canada). I also pre-pay taxes in the US and Canada. Do you know how could I file tax returns? Can I file tax return in Canada first as a Canadian resident and do not let Canada know my income in the US, and then file tax return in the US ( I have to let the US know my income in Canada, that is law)? I try to do that way but now I have to pay tax for my income in both Canada and the US. Do you guy know something about tax treaty?

It is really complicated. Thanks for your help.

Hope this 2 links helps you...

http://www.irs.gov/Businesses/International-Businesses/Canada---Tax-Treaty-Documents

http://www.fin.gc.ca/treaties-conventions/usa_-eng.asp
Logged

ATM - A Journey Of Thousand Miles Begins With A Single Step...
J1visa
Star Member
****

Posts: 85
Ratings: +0

« Reply #3 on: March 24, 2013, 08:07:47 pm »

Thank you very much. I have read these link but still do not understand how to do with my case. It seems that I have to pay double tax in both country.
Logged
ronaldoyaronaldo
Hero Member
*****

Posts: 591
Ratings: +6
Category........: Other

« Reply #4 on: March 24, 2013, 08:09:24 pm »

Wow!

You asked the question 2 years in a row with no answer!

Come on people, help the gentleman!
Logged

7amdela Smiley
seton
Hero Member
*****

Posts: 365
Ratings: +37
Category........: CEC
Visa Office......: Ottawa
App. Filed.......: 04-06-2012
AOR Received.: 05-11-2012
Med's Request: 15-02-2013
Med's Done....: 21-02-2013
Passport Req..: 04-04-2013
VISA ISSUED...: 22-04-2013
LANDED..........: 03-05-2013

« Reply #5 on: March 27, 2013, 08:47:37 am »

Dear all,

I am a dual PR of the US and Canada. I have income in Canada (T4) and income in the US (W2). I stay entire year in the US (without any day in Canada). I also pre-pay taxes in the US and Canada. Do you know how could I file tax returns? Can I file tax return in Canada first as a Canadian resident and do not let Canada know my income in the US, and then file tax return in the US ( I have to let the US know my income in Canada, that is law)? I try to do that way but now I have to pay tax for my income in both Canada and the US. Do you guy know something about tax treaty?

It is really complicated. Thanks for your help.
Not enough information on your Canadian T4 income to answer of residency status (i.e. what type of employment to generate a T4 and nature of ties). At the least, on the US side, you can get foreign tax credits for any withholding taxes on your Canadian income. This will make your marginal tax rate on all income equal to the higher between the two, removing the double taxation effect.
Logged

I am an accountant, not a lawyer or an immigration consultant. You should seek multiple opinions before deciding to use any information on this forum. The CIC guides should always be your #1 source of information.
Pages: [1]   Go Up
  Print  
 
Jump to:  

Powered by SMF 1.1.10 | SMF © 2006-2009, Simple Machines LLC