Registered: Oct 2006
Location: Detroit (formerly Toronto (formerly Winsdor))
Need Tax Advice
Hopefully someone will be able to help
Ok so I live in Windsor and work in the US with a TN Visa...I commute to work.
Now I know I have to file both taxes in the US and in Canada.
Here are my questions.
1. I only worked in the US for 3 months las years...Am I exempt from doing one of the taxes since I have been working there for less thatn 183 days??
2. Do I do my taxes in the US like everyone else there? Is there any special forms I have to fill out since I reside in Canada?
3. For my Canadian filing, what forms do I need to fill out? Is there somewhere where I declare foreign income?
Any tips and help is appreciated.
Mar-18-2008 23:22
The Ear
Built for debauchery
Registered: May 2004
Location: Toronto, Canada
This is not worth taking a risk on man.
Talk to a tax specialist, tax lawyer, or accountant. You're dealing with the IRS & Rev. Can., neither one is to messed with, let alone both.
I know for sure that on the Canadian side you'll have to file an additional T-50133 in addition to all declarations for income, regarding income earned out-of-country.
But I'm not one of the 3 people I listed above, I'm in capital investments and land-banking. So I can't really give you any more advice than that.
Good luck.
Mar-19-2008 00:20
Mach X
DEMF Ambassador
Registered: May 2007
Location: Hart Plaza, Detroit
Definently get a tax specialist. My mom used to do them last year for people but don't think she is this year. I'll ask tho...
I got a few friends who live in Windsor and commute to Detroit for work as well, i'll ask them what they do...
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___________________
"No offense, but you're stupid"
Mar-19-2008 06:58
Cro_Addict
Shit 'N Piss
Registered: Oct 2006
Location: Detroit (formerly Toronto (formerly Winsdor))
I have always done my own taxes and would like to continue to do them myself, which is why I was asking for some advice.
THanks.
Mar-19-2008 11:20
exstasie
Hack Attack
Registered: Jun 2006
Location: Toronto/Sauga, Canada
Let's say that you get a some money either by Ransom...or finding a missing person...
Do I have to claim that as income?
If so...is it other income? lol
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"I'm not stoned...I'm just Asian!"
Mar-19-2008 11:58
FunkyCrew
Ukranian Import
Registered: Feb 2006
Location: Soul Shakin'
quote:
Originally posted by exstasie
Let's say that you get a some money either by Ransom...or finding a missing person...
Do I have to claim that as income?
If so...is it other income? lol
it's gift money no?
___________________
Just surrender yourself to the rhythm,
With your hands up in the sky,
Feel the energy deep inside your system
And leave this world behind...
Mar-19-2008 12:08
capo tutti di
Supreme tranceaddict
Registered: Nov 2006
Location: Ontario
Re: Need Tax Advice
quote:
Originally posted by Cro_Addict
Hopefully someone will be able to help
Ok so I live in Windsor and work in the US with a TN Visa...I commute to work.
Now I know I have to file both taxes in the US and in Canada.
Here are my questions.
1. I only worked in the US for 3 months las years...Am I exempt from doing one of the taxes since I have been working there for less thatn 183 days??
2. Do I do my taxes in the US like everyone else there? Is there any special forms I have to fill out since I reside in Canada?
3. For my Canadian filing, what forms do I need to fill out? Is there somewhere where I declare foreign income?
Any tips and help is appreciated.
Revenue Canada isn't so harsh
The fucking IRS has more balls then our provincial police, I'd keep my P's & Q's on the US side
