581 plain-English guides on cross-border, each one ending in what to do next.
Page 11 of 25, newest first.
Tuition paid at a school in one country can generate a tax benefit in the other country, but the two systems handle education costs differently.
Cross-BorderWhich exchange rate to use, when to use it, and where the CRA and IRS disagree. The CRA wants Canadian dollars.
Cross-BorderCanada taxes a deemed disposition at death. The US imposes estate tax on worldwide assets (or US-situs assets for non-residents).
Cross-BorderNonqualified deferred compensation (NQDC) plans let employees postpone US income tax on compensation until it is paid out, often years later.
Cross-BorderNo digital nomad rule exists in either tax code. Residency decides who taxes your worldwide income, and work location decides who taxes that pay.
Cross-BorderCPP disability and US SSDI are taxed under the treaty like social security. The Disability Tax Credit (DTC) is Canada-only.
Cross-BorderIf you decided to wind up your Canadian corporation after moving to the US, here are the mechanics: the final T2, the deemed dividend.
Cross-BorderIf you own property in both countries, a single will can work, but two wills (one per jurisdiction) is usually better.
Cross-BorderIf both countries claim you as a tax resident, the Canada-US treaty has a tie-breaker. Here is how each test works and what happens when the tie breaks.
Cross-BorderHow Canadian EI benefits are taxed when you live in the US, how US unemployment benefits are taxed in Canada, and what the treaty says about both.
Cross-BorderThe US uses quarterly estimated payments. Canada uses instalment notices. Here is how both systems work when you file in both countries.
Cross-BorderThe FBAR (FinCEN 114) requires US persons with foreign financial accounts exceeding $10,000 in aggregate to report them.
Cross-BorderJust moved to the US or got a green card? Your first US return is different from every return after it.
Cross-BorderHow the foreign earned income exclusion works for Americans living in Canada. It sounds like a gift for Americans in Canada.
Cross-BorderWhen Canadian taxes paid exceed the US tax on the same income, the excess foreign tax credit does not disappear.
Cross-BorderThe foreign tax credit (FTC) eliminates double taxation by crediting foreign income taxes paid against the US tax on the same income.
Cross-BorderGetting this wrong in either direction (filing when you do not need to, or not filing when you do) creates problems on both the US and Canadian side.
Cross-BorderIf a US payor withheld 30% on your income when the treaty rate was lower (or zero), you file a US return to get the difference back.
Cross-BorderForm 8233 lets a non-resident alien claim a treaty-based withholding exemption on compensation or independent personal services income.
Cross-BorderCanada does not tax casual gambling winnings. The US taxes them at 24-30% withholding. A Canadian who wins in the US can recover some or all of the US tax.
Cross-BorderMarriage changes your filing status, opens (or closes) elections, and creates new reporting obligations in both countries.
Cross-BorderA US green card holder who moves to Canada has the same US filing obligations as a US citizen: worldwide income is reported on a 1040 every year.
Cross-BorderThe US tax filing for Canadians on H-1B or L-1 visas. Dual-status returns, full-year election, treaty tiebreaker, and the first-year transition mechanics.
Cross-BorderCanada allows employees and self-employed individuals to claim home office expenses under ITA 8(13) (employees) and ITA 18(12) (self-employed).