624 plain-English guides on cross-border, each one ending in what to do next.
Page 23 of 26, newest first.
A 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 it all, then allows a 15% deduction (50% for some pre-1996 recipients).
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-BorderSelling US property from Canada? The buyer usually withholds 15% of the gross price. Cut it with Form 8288-B, recover it on a 1040-NR, and credit the US tax in Canada.
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-BorderUnder 4 U.S.C. 114, no state may tax the retirement income of someone who is neither its resident nor its domiciliary. Which plans count, and what your old state can still tax.
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.
Cross-BorderThe Streamlined Domestic Offshore penalty is 5% of the highest December 31 total of your unreported foreign assets across the covered years, charged only once.