Annual US filing from Canada: the foreign earned income exclusion versus the foreign tax credit, RRSP and IRA contributions, the child tax credit, the net investment income tax, and dual-citizen obligations.
22 guides, each written by a CPA licensed in the US and Canada.
US citizens living in Canada still file US tax returns, FBARs, and Form 8938 every year. The FTC prevents double tax, but the compliance stack is real.
Cross-BorderYes, a US citizen can live in Canada. The immigration side is more open than most people expect: you can visit for up to six months without a visa.
Cross-BorderIf you were born outside Canada to a Canadian parent, you may already be a Canadian citizen by descent. Under the Citizenship Act.
Cross-BorderWhat makes a Canadian corporation a CFC for US tax purposes, and what that means for a US citizen who owns one.
Cross-BorderUS citizens in Canada file two returns but rarely pay two full tax bills. The short answer is no, not on most income. Covers key rules, filing.
Cross-BorderThe foreign tax credit (FTC, claimed on Form 1116) uses that Canadian tax to offset your US liability dollar for dollar, up to the limitation.
Cross-BorderHow the foreign earned income exclusion works for Americans living in Canada. It sounds like a gift for Americans in Canada.
Cross-BorderA US green card holder who moves to Canada has the same US filing obligations as a US citizen: worldwide income is reported on a 1040 every year.
Cross-BorderIf you are a dual US-Canada citizen who was born with both citizenships (or acquired one through a parent). The filing obligation existed all along.
Cross-BorderCan you still contribute to a traditional IRA or Roth IRA while living in Canada? The FEIE trap, the compensation requirement.
Cross-BorderThe CCB is tax-free in Canada. For US citizens and green card holders in Canada, the question is whether it must be reported on the 1040.
Cross-BorderCan a US citizen contribute to an RRSP? How it is treated on the US return, the treaty election, contribution room mechanics.
Cross-BorderFor employees, the employer handles the remittance and the totalization agreement sorts out which country collects. Covers key rules, filing requirements,.
Cross-BorderThe tax answer depends on your income mix, province, state, and whether you value OAS clawback avoidance, healthcare, or estate tax simplicity.
Cross-BorderA spousal RRSP lets one spouse contribute to an RRSP in the other spouse's name, using the contributor's own contribution room.
Cross-BorderThe 3.8% Net Investment Income Tax under IRC 1411 hits US citizens in Canada harder than it hits US citizens in the US. Covers key rules, filing.
Cross-BorderHow the bona fide residence test works for the foreign earned income exclusion. The bona fide residence test is based on intent and permanence.
Cross-BorderThe physical presence test requires 330 full days in a foreign country during any 12 consecutive months to qualify for the FEIE.
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-BorderA US citizen living abroad can exclude foreign earned income under IRC 911 or claim a foreign tax credit under IRC 901. Choosing wrong can cost thousands.
Cross-BorderThe Canadian T1 return is due April 30 (June 15 if you or your spouse is self-employed, but the balance owing is still due April 30).
Cross-BorderIf one parent is a US citizen (or in some cases a US national or long-term resident), a child born in Canada is a US citizen at birth under INA 301.