QUESTION: I am a Canadian citizen who moved to Washington in April 2005 and
currently have a H1-B visa. I am aiming for non-resident status in Canada
and only have an RRSP account and bank account in Canada (both set up as
non-resident accounts). I need to tackle my CDN and US tax returns for the
2005 year. I think I have the CDN one figured out...I only declare my world
income for the portion of the year that I was residing in Canada. I assume I
then no longer have to file Canadian tax returns in subsequent years. I have
no idea how it works for the US tax return however. What do I need to
declare to the US for the tax year that I left Canada/moved to the US?
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david ingram replies:
For the US, you have the option of filing as a dual status resident on a
1040 or as a full year resident by reporting your Canadian Income on the
return and exempting it or claiming a foreign tax credit on form 1116.
If you need it done for you, that is what we are here for.
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