Discussion:W-2 FROM CANADA & US
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| Revision as of 05:40, 15 February 2008 MRBARRYTAX (Talk | contribs) (ASSUMING SHE IS) ← Previous diff |
Revision as of 19:48, 15 February 2008 LKfromCANADA (Talk | contribs) (You must itemize) Next diff → |
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| {{ForumReplyPost|UserID=MRBARRYTAX|Date=15 February 2008|Text=ASSUMING SHE IS RESDIENT ALIEN, I WAS TOLD THAT ON HER FED RETURN I MUST ITEMIZE; THAT I CANNOT TAKE STANDARD DEDUCTION. iS THAT CORRECT?}} | {{ForumReplyPost|UserID=MRBARRYTAX|Date=15 February 2008|Text=ASSUMING SHE IS RESDIENT ALIEN, I WAS TOLD THAT ON HER FED RETURN I MUST ITEMIZE; THAT I CANNOT TAKE STANDARD DEDUCTION. iS THAT CORRECT?}} | ||
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| + | {{ForumReplyPost|UserID=LKfromCANADA|Date=15 February 2008|Text=You must itemize on a "dual status" return.}} | ||
Revision as of 19:48, 15 February 2008
Discussion Forum Index --> Advanced Tax Questions --> W-2 FROM CANADA & US
Discussion Forum Index --> Tax Questions --> W-2 FROM CANADA & US
MRBARRYTAX (talk|edits) said: | 12 February 2008 |
| New client moved to US on aug 1, 2007 and worked as a teacher thru dec. She received w-2 from her employer. Additionally, she received w-2 from Canadian employer while residing there for the first seven months of the year. She is here on a VISA H1B. Please advise as to correct filing method for Federal and NYS. thank you. | |
MRBARRYTAX (talk|edits) said: | 12 February 2008 |
| ANY FOREIGN INCOME EXPERTS OUT THERE
THANKS | |
LKfromCANADA (talk|edits) said: | 13 February 2008 |
| MR. BARRY,
Usually, we file these types of taxpayers as part-year (dual status in the U.S.) residents of each country. She would report world income to Canada until AUgust 1, 2007 and world income to U.S. for the rest of the year. In New York, she would also file as a part year resident. If she does not have 183 days in the U.S. during the year, or meet the closer connection test, she may file as a nonresident in the U.S. for 2007. | |
LKfromCANADA (talk|edits) said: | 13 February 2008 |
| MR. BARRY,
Usually, we file these types of taxpayers as part-year (dual status in the U.S.) residents of each country. She would report world income to Canada until AUgust 1, 2007 and world income to U.S. for the rest of the year. In New York, she would also file as a part year resident. If she does not have 183 days in the U.S. during the year, or meet the closer connection test, she may file as a nonresident in the U.S. for 2007. | |
Mrbarrytax (talk|edits) said: | 14 February 2008 |
| thank you for your expertise. to review .this. If Canadian income was 20,000 for 7 months and US
income was 15,000 for last five months, then I would file Canadian return (part-year) on 35,000 of income and file nonresident US form on 35,000 for part-year remaining 5 months | |
LKfromCANADA (talk|edits) said: | 14 February 2008 |
| NO, you would file the income she earned while in Canada until AUgust 1 of $20,000 on the Canadian return, then file U.S. return for earnings after August 1 ($15,000). | |
MRBARRYTAX (talk|edits) said: | 15 February 2008 |
| ASSUMING SHE IS RESDIENT ALIEN, I WAS TOLD THAT ON HER FED RETURN I MUST ITEMIZE; THAT I CANNOT TAKE STANDARD DEDUCTION. iS THAT CORRECT? | |
LKfromCANADA (talk|edits) said: | 15 February 2008 |
| You must itemize on a "dual status" return. | |
