601 plain-English guides on cross-border, each one ending in what to do next.
Page 22 of 26, newest first.
The tax answer depends on your income mix, province, state, and whether you value OAS clawback avoidance, healthcare, or estate tax simplicity.
Cross-BorderA Roth conversion before moving to Canada works if you convert while still a US-only resident and make the Article XVIII(7) treaty election after you move.
Cross-BorderWhen RSUs vest after a cross-border transfer, both US and Canadian payroll systems may withhold independently, often taking 60% to 70% of the vest.
Cross-BorderWhen you sell a Canadian business relative to your move to the US determines the LCGE, the departure tax, and whether both countries tax the gain.
Cross-BorderThe US uses a weighted day count (the substantial presence test), but it runs across three years, not one. Both countries, potentially.
Cross-BorderIf your spouse owns 10% or more of a Canadian corporation, IRC 958(b) attributes those shares to you, making it a CFC. Covers treaty provisions, foreign.
Cross-BorderThe deduction matches the amount contributed to the RRSP, offsetting the income inclusion from the distribution. Covers key rules, filing requirements,.
Cross-BorderWhen you leave Canada, ITA 128.1(4) deems you to have disposed of most of your property at fair market value, triggering capital gains tax.
Cross-BorderThe US child tax credit (CTC) under IRC 24 provides up to $2,200 per qualifying child under 17 (raised from $2,000 by the One Big Beautiful Bill Act).
Cross-BorderUS flow-through entities (S-Corps and partnerships) pass their income to the owners' personal returns. For a US-resident owner.
Cross-BorderUS Social Security paid to a Canadian resident is taxable only in Canada under the treaty. Canada includes 85% in income with a 15% deduction.
Cross-BorderThe WEP reduced your Social Security benefit if you received a pension from employment not covered by Social Security (including CPP).
Cross-BorderITA 128.1(8) lets you elect to reduce the gain Canada taxed at departure, but only when you later sell the property at a loss and the property.
Cross-BorderIf you worked in both Canada and the US, you may be entitled to benefits from both CPP and Social Security. your health.
Cross-BorderCanada does not recognize a 529 plan's tax-free status. The 529 keeps its US tax-free status after you move. Canada ignores that status entirely.
Cross-BorderBoth require the seller to compute the real tax, and the real tax depends on whether the property was personal use or rental, how long it was held.
Cross-BorderCanada ignores the ISO distinction, so all stock options are taxed alike. A stock option exercised after a cross-border move is taxed by both countries.
Cross-BorderYou keep your HSA when you move to Canada, but Canada taxes the growth annually, you cannot contribute without a US HDHP, and the treaty does not cover it.
Cross-BorderThe One Big Beautiful Bill made TCJA rates permanent and raised the estate exemption to $15 million. Here is what changed for cross-border filers.
Cross-BorderHow the totalization agreement prevents double FICA and CPP contributions, assigns coverage to one country, and lets you combine work credits for benefits.
Cross-BorderNo state may tax the retirement income of someone who is neither its resident nor its domiciliary under 4 U.S.C. Covers key rules, filing requirements,.
Cross-BorderYes, the ESPP discount stays US-taxable. IRC 423(c) treats it as compensation sourced to where you worked, not where you live when you sell.
Cross-BorderIs your FHSA a foreign trust for Form 3520? Only the trusteed kind can be. Insured and deposit FHSAs aren't trusts, and Rev. Proc. 2020-17 doesn't settle it.
Cross-BorderCanada gives an individual 10 calendar years from that year's end under ITA 152(4.2), and the Minister may. Usually yes.