US Canadian Income Tax for US husband and Canadian

QUESTION:
Hi,
My husband (American) and I (Canadain) have recently married. We are liveing
separtley while my I-130 is being processed because I am on contract as a
high school teacher. I have spoken to an accountant that stated that we
should file as if we were not married and another who said that I should put
my husband's income as a foreign credit. Do you have any advice?
Thanks
---------------------------------------------
david ingram replies:
Your husband has the choice of filing a joint return which would include
your income and include a form 1116 to calculate a foreign tax credit for
your income or a 2555 to exempt your Canadian income after reporting it
first.  How you file would depend upon your status and income.
His second choice would be to file his own return as MFS (married filing
separately).
Because you were married at the end of 2004, your Canadian return would
include your husband's equivalent line 236 net income on your return. Its
only effect would be to cancel or lower any Canadian GST or provincial tax
credits which you might get otherwise.
I have assumed here that you are teaching in Canada and your husband is
living and working in the USA.
We would be glad to look after these returns for you by fax, email, snail
mail or courier.
Answers to this and other similar  questions can be obtained free on Air
every Sunday morning.
Every Sunday at 9:00 AM on 600AM in Vancouver, Fred Snyder of Dundee Wealth
Management and I, David Ingram  will be hosting an INFOMERCIAL but LIVE talk
show called "ITS YOUR MONEY"
Those outside of the Lower Mainland will be able to listen on the internet
at
www.600AM.com <http://www.600am.com/>
Local calls are taken at (604) 280-0600 and Long Distance calls are taken at
1( 866) 778-0600
I do not know how far the LD line reaches.
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