624 plain-English guides on cross-border, each one ending in what to do next.
Page 21 of 26, newest first.
Form 708 is the IRS return that implements IRC Section 2801, a tax on gifts and bequests received by US persons from covered expatriates.
Cross-BorderYou file Form 8938 with your return if your foreign financial assets top $50,000 to $600,000, depending on where you live and how you file. Who files, what counts, penalties.
Cross-BorderThe IRS has three years to audit your return, six years if you omit more than 25% of gross income, and no time limit for fraud or unfiled returns.
Cross-BorderYou become a Canadian taxpayer the day you settle, Canada resets your cost base to that day's value, and a US citizen keeps filing a US return for life.
Cross-BorderThe physical presence test requires 330 full days in a foreign country during any 12 consecutive months to qualify for the FEIE.
Cross-BorderCanada has no retirement visa, so you need permanent residence or a family connection. Social Security follows you, and so does the US tax return.
Cross-BorderA non-resident can keep an RRSP and contribute only from unused room. Withdrawals face 25% Canadian tax; periodic RRIF payments to a US resident are capped at 15%.
Cross-BorderAn RRSP and a 401(k) both defer tax until you withdraw. Compare 2026 limits, early withdrawal rules, forced withdrawals, and what happens to each when you cross the border.
Cross-BorderA Section 962 election lets a US individual pay the 21% corporate rate on CFC income and claim indirect foreign tax credits for Canadian corporate tax.
Cross-BorderSubpart F taxes passive and mobile income of a CFC directly to US shareholders, even without a distribution. interest. Covers treaty provisions, foreign.
Cross-BorderThe Roth IRA is the closest US equivalent of a TFSA: after-tax money in, tax-free growth and withdrawals. 2026 limits, withdrawal rules, and why neither crosses the border cleanly.
Cross-BorderYes, Canada and the US have a tax treaty, in force since 1984. It caps dividends at 15% (5% for 10% corporate owners), most interest at 0% and periodic pensions at 15%.
Cross-BorderYes, a US citizen can live in Canada. The immigration side is more open than most people expect: you can visit for up to six months without a visa.
Cross-BorderTen steps: sell Canadian-listed funds, settle retirement accounts, document arrival, file the Roth election, skip the TFSA, log the FBAR.
Cross-BorderA Canadian who isn't a US citizen or green card holder shouldn't sign a W-9. Give the US payer a W-8BEN (or W-8BEN-E for a company), which can cut withholding from 30% to 0%.
Cross-BorderYour 401(k) stays in the US when you move to Canada. You can leave it, take distributions, or move it into an RRSP under ITA 60(j). Here's how each option is taxed.
Cross-BorderUnlike a Canadian returning home, you have no departure tax problem (that is a Canadian tax concept for people leaving Canada, not entering it).
Cross-BorderThe CCB is tax-free in Canada. For US citizens and green card holders in Canada, the question is whether it must be reported on the 1040.
Cross-BorderCanadians pay more income tax than Americans at most incomes. Top combined rates run 53.5% in Ontario and 37% in Texas. Sales tax, payroll tax and health costs compared.
Cross-BorderIf you are moving to the US and your Canadian employer wants to keep you, the simplest approach from your employer's perspective is to keep you.
Cross-BorderIf you worked for a Canadian employer and earned a pension (defined benefit or defined contribution), and you now live in the US.
Cross-BorderWithout a W-8BEN, your US client must withhold 30% of what they pay you. With one claiming the treaty rate, withholding drops to 0%.
Cross-BorderCanada includes the full distribution in your income and gives you a foreign tax credit for the US withholding. Covers treaty provisions, foreign tax.
Cross-BorderWhen a Canadian trust has a US beneficiary. When all parties are Canadian residents, these trusts work as designed. Covers treaty provisions, foreign tax.