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    Canadian Income US Resident

    Any ideas on how to report/file income earned (T4) in Canada for a US Citizen?


    Thanks

    Chris

    #2
    Ideas- Pub 54

    Comment


      #3
      T-4 alone is insufficient.
      What you need to obtain is a copy of the Canadian tax return that was filed.
      All the data on the return must be converted from Canadian dollars to US dollars using the conversion rate.+
      Then prepare U S return taking credit for taxes paid to Canada
      Uncle Sam, CPA, EA. ARA, NTPI Fellow

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        #4
        My question is does the Canadian business income gets included on 1040 tax return and then we apply the Canadian tax credit on form 1116? This that correct?

        Comment


          #5
          US citizen reports worldwide income.

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