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us-tax-forms-2024-12-02-16-07-18-utc
Forms that may be required for Form 1040 for Expats
Form 5471: Ownership in a Canadian Corporation (Foreign Corporation) U.S. citizens who reside in Canada owning at least 10% in...
Close up of a W 8BEN form. Business Form W-8BEN Certificate of Foreign Status of Beneficial Owner for United States Tax Withholding and Reporting
The W8 Form: Who It’s For and What It Does
You must give Form W-8BEN to the withholding payer if you are a nonresident alien who is the beneficial owner...
three-flags-on-canada-usa-border-in-niagara-2024-12-05-04-56-07-utc
Non-Taxable in Canada Means Non-Taxable in the U.S.
Correction: With the Principal Residence Exemption, a U.S. citizen may exclude from income up to $250,000 of gains realized on...
5 Canadian dollars bills and calculator with glasses and pen. Tax payment season concept or investment solutions. Financial planning or accountant paperwork SSUCv3H4sIAAAAAAAACpyRwW7DIAyG75P2DhHnRmoSqoa+SrWDQ9wGlUIFZNNU9d1nIFScd8Of7d/+zfPzo2nYBF5JdmqeMaJYab364CAoawjvdxt3aGZ0NcFZBesU6BpOEORi4I4Ezap1xK+UZD5AWD36OGxDEgJeSSPDt0Te6JzjpiRSkjooxdiuYn6dEisoi/+rMz++ihu4opG/aeHKiEONkI2ccym7/QR099oarLOylatvK0HHgqFSejgllblWbTYs6cqlTdrVBBdXeG/OtLUPmHQ88YU0sfAFvKfyufBqkKQ/tfdqjrEhGdhU2Uw/EcNu6AfRd8d+33MhDn3Pt4L8e4sinbROEaJY3tRcW1dxAyYOAvAy8vYixq7lcBjakSO2KPYjSA4cpyMd/vUHAAD//wMA5f6uoocCAAA=
Who Must File an FBAR?
US citizens living in Canada typically hold Canadian bank and investment accounts. United States citizens are required to file an...
Close-up of Sold Placard On House For Sale Real Estate Sign In Front of New House.
Three things Canadians should know before selling U.S. real property.
The following are key tax issues for a Canadian resident planning to sell personally owned U.S. real estate. Canadians who...
supannee-u-prapruit-hn6k00wZxr8-unsplash
US Tax Updates and Filing Requirements for Americans in Canada
Americans in Canada must file U.S. taxes on their worldwide income, even if they did not reside in the U.S....
Close-up people hand of female stock trader use pen write on tax plan paper check number data income ledger in balance sheet at office. Budget control in audit clerk work for loan risk MBA learning.
What you need to know about FBAR filings.
US citizens living in Canada need to file a form annually to report their Canadian bank information. This form is...
Close up of a W 8BEN form. Business Form W-8BEN Certificate of Foreign Status of Beneficial Owner for United States Tax Withholding and Reporting
When to use the W-8Ben Form?
You may have heard of the W-8-BEN form and wondered whether U.S. Citizens are required to file it. The W-8Ben...
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Do I need to file?
Every day I receive calls from people asking the same question: “As a United States (U.S.) citizen earning Canadian income,...
Business people working with charts and reports and talking about key statistics indicators 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
How to Avoid Double Taxation
U.S. citizens must file based on worldwide income and can use the earned income exclusion or foreign tax credits for...
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Canadians with US Rental Properties
If you are a Canadian citizen and own residential rental property in the United States, you are required to comply...
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