971 plain-English guides on cross-border moves, US and Canadian returns, and small-business money. Each one ends in what to do next, and says when a written Diagnostic is the smarter first step.
Page 40 of 41, newest first.
US brokerage accounts, US bank accounts and US shares all count toward that line under ITA 233.3. US retirement accounts are the unsettled cell.
Cross-BorderProbably yes, you need Streamlined. Probably yes, though the reason is the gate rather than the income source.
Cross-BorderCanada doesn't deem your LIRA sold when you leave, and in most places you can unlock it as a non-resident, usually about two years after you go.
Cross-BorderThere's no flat 182-day safe number. The substantial presence test weights three years, so 122 days each winter, three winters running, already meets it.
Cross-BorderCanadian tax starts again on the day you establish residential ties here, which is a facts question rather than a border formality.
Cross-BorderUsually yes for a 401(k), though CRA has never confirmed it: ITA 60(j) gives a deduction if five conditions hold and you fund the RRSP in time.
Cross-BorderNot necessarily. Each country runs its own inclusion rule and taxes its share of the vesting period.
Cross-BorderYes, in most cases. A Roth IRA held by a Canadian resident stays tax-free in most cases, and that outcome rests on three separate things rather than one.
Cross-BorderNo CRA description of Form NR73 we could locate makes it mandatory, and what it gives back is an opinion that doesn't bind the CRA.
Cross-BorderA spouse who stays in Canada is usually a significant residential tie, which can push your Canadian departure date past your own flight.
Cross-BorderIt turns on your residential ties, and the tests run in a set order. Factual residence comes first: if you kept a home, a spouse or partner.
Cross-BorderFor a Canadian resident who isn't a US citizen or green-card holder, 15% applies only where the payment is periodic; a pre-tax lump sum stays at 30%.
Cross-BorderThe US then treats them as if they were US Social Security, so at most 85% of the total lands in your US income.
Cross-BorderBoth tax it. Canada's gain runs from an acquisition date a complete rental conversion moves unless you elect out.
Cross-BorderUsually wind it up before you go. Usually, wind it up before you go, and the reason sits on the US side.
Cross-BorderForm NR6 moves that 25% onto what's left after expenses, but only once CRA approves the form in writing.
Cross-BorderIf income was reported, file the late FBARs through FinCEN with a reasonable-cause explanation. No penalty in that scenario.
Cross-BorderIt stays Canadian but loses CCPC status the day you leave. What changes is status, on two dates rather than one.
Cross-BorderUsually yes, because the two countries disagree about what your LLC is. The IRS ignores it and taxes you personally as the profit is earned.
Cross-BorderForm 8621 is the information return a US taxpayer files for each passive foreign investment company they hold (Form 8621 instructions).
Cross-BorderNot automatically. You need the Article XIII(7) treaty election on your first US return after the move, or both countries tax the same gain twice.
Cross-BorderYes, you're required to file. And no, finding out late doesn't put you in the category the forum threads are describing.
Cross-BorderYou can keep the RESP, but contributions and the CESG stop when your child leaves Canada. The CCB ends too, and the IRS side turns on Rev. Proc. 2020-17.
Cross-BorderYes, your TN days count toward the substantial presence test. Arrive by mid-year and you'll likely file a dual-status return.