581 plain-English guides on cross-border, each one ending in what to do next.
Page 22 of 25, newest first.
No state may tax the retirement income of someone who is neither its resident nor its domiciliary under 4 U.S.C.
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-BorderTwo of the three FHSA types at ITA 146.6(1) aren't trusts at all. Where yours is the trusteed kind, Rev. Proc.
Cross-BorderCanada gives an individual 10 calendar years from that year's end under ITA 152(4.2), and the Minister may.
Cross-BorderIt's 5% of the highest year-end aggregate of unreported foreign assets across the covered years, charged once.
Cross-BorderYes, on Form RC4288. ITA 220(3.1) reaches penalty and interest but not the tax, ten years from year end. The CRA runs interest on a ten-year accrual clock.
Cross-BorderYes. Form T1244 elects under ITA 220(4.5) to defer the tax on your deemed disposition, and the statute deems security accepted up to a floor amount.
Cross-BorderLeaving Canada doesn't cancel the principal residence exemption, and the departure rules don't trigger it either.
Cross-BorderUsually not. Canadian Corporations and Companies are treated as corporations for US tax, so Form 8832 is closed to them.
Cross-BorderIf you meet the substantial presence test and want the closer connection exception, Form 8840 is the statement you file.
Cross-BorderYes if you're resident in Canada and a US corporation is your foreign affiliate: 1% yourself, 10% across related persons, 10 months after year end.
Cross-BorderUS self-employment tax is a US-person exposure: it generally reaches US citizens and US residents wherever they live.
Cross-BorderNo, and the relief reaches back further than most write-ups say. But it left Form 8938 and the FBAR standing, and that carve-out is in the operative text.
Cross-BorderUnless exempt, the trust files it and the trustee signs, by the 15th day of the 3rd month after its year end.
Cross-BorderIt depends on the tax year. Public Law 119-21 (4 July 2025) renamed the inclusion net CFC tested income.
Cross-BorderIf the move made you a US tax resident, the US taxes income from sources inside and outside the country.
Cross-BorderIt's three taxes stacked: New York State residency, New York City's own income tax, and nonresident sourcing. State and city each have two routes in.
Cross-BorderYou can, but filing quietly doesn't buy Streamlined's penalty terms. You can file going forward, and nothing stops you amending old returns either.
Cross-BorderForm NR74 produces an opinion, and CRA Folio S5-F1-C1 says it "is not binding on the CRA and may be subject to a more detailed review at a later date".
Cross-BorderNo, it's not taxable income. But once a gift or inheritance from a Canadian parent tops $100,000 in a year, Form 3520 is required.
Cross-BorderYou need it when you take the position on a US return that the treaty overrules or modifies US tax law, and no waiver covers you.
Cross-BorderYes, short stays can pull a rental out of per se passive status under IRC 469. Yes, in one narrow way.
Cross-BorderYes. ITA 116(5) makes you liable for 25% of the full price if the non-resident seller lacks a clearance certificate.
Cross-BorderBuy a US property as a Canadian and four obligations attach: a US charge on rental income, withholding on the sale keyed to gross price.