2,121 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 88 of 89, newest first.
Canada 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. and the credit is capped.
Cross-BorderUsually, yes. A Roth IRA stays tax-free in Canada if you file the one-time treaty election with the CRA and put no new money in while you live here. Here's how each piece works.
Cross-BorderUsually not. Form NR73 is optional and gets you a CRA opinion that doesn't bind the CRA. It helps when your ties point both ways; a clean break just needs the departure return.
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. Covers key rules, filing requirements,.
Cross-BorderBoth tax it. Canada's gain runs from an acquisition date a complete rental conversion moves unless you elect out. Covers treaty provisions, foreign tax.
Cross-BorderUsually wind it up before you go. Usually, wind it up before you go, and the reason sits on the US side. Once you're a US person.
Cross-BorderForm NR6 moves that 25% onto what's left after expenses, but only once CRA approves the form in writing. taken before you see it.
Cross-BorderThe IRS no longer lists its Delinquent FBAR Submission Procedures. If your income was reported, you still file late FBARs with a reasonable-cause reason; if not, it's Streamlined.
Cross-BorderIt stays Canadian but loses CCPC status the day you leave. What changes is status, on two dates rather than one. Covers treaty provisions, foreign tax.
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-BorderA PFIC is a foreign corporation with mostly passive income or assets. Canadian mutual funds and ETFs usually qualify; GICs and RRSP-held funds are treated differently.
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-BorderMost Canadians on TN status become US tax residents under the 183-day test. See the first-year return, FICA, leaving Canada, FBAR and what changes in later years.
Cross-BorderMost E-2 movers become US tax residents the year they land and file a final Canadian return with a departure date. Covers treaty provisions, foreign tax.
Cross-BorderGiving up a green card triggers US exit tax only if you held it in 8 of the last 15 taxable years and you're a covered expatriate. I-407 timing can decide it.