Canadian resident receives Alimony

Date:           Thursday November 23, 2006
Time:           12:31 PM -0500
I am a USA citizen and landed immigrant to Canada where I am a permanent
resident. Do I report my alimony as income in both Canada and the USA or
just one of them ? I receive the alimony from a USA citizen in North Dakota,
david ingram replies:
You report the alimony on your US return first and pay any tax due.
Then you report the alimony *converted to Canadian Dollars) on your Canadian
return on lines 128 and 433.
Claim credit for any tax paid to the US (usually dollar for dollar) on line
431 and follow the calculations on schedule 1 of your Canadian return.
David Ingram's US / Canada Services
US / Canada / Mexico tax, Immigration and working Visa Specialists
US / Canada Real Estate Specialists
My Home office is at:
4466 Prospect Road
North Vancouver,  BC, CANADA, V7N 3L7
Cell (604) 657-8451 -
(604) 980-0321 Fax (604) 980-0325
Calls welcomed from 10 AM to 10 PM 7 days a week  Vancouver (LA) time -
(please do not fax or phone outside of those hours as this is a home office)
email to taxman at <mailto:taxman at> <>
Disclaimer:  This question has been answered without detailed information or
consultation and is to be regarded only as general comment.   Nothing in
this message is or should be construed as advice in any particular
circumstances. No contract exists between the reader and the author and any
and all non-contractual duties are expressly denied. All readers should
obtain formal advice from a competent and appropriately qualified legal
practitioner or tax specialist for expert help, assistance, preparation, or
consultation  in connection with personal or business affairs such as at <> . If you forward this message, this
disclaimer must be included."
Be ALERT,  the world needs more "lerts"
international non-resident cross border income tax help assistance expert
preparation & immigration consultant david ingram, experts on rentals mutual
funds RRSP RESP IRA 401(K) & divorce preparer preparers consultants


Trackback URL for this entry:

No trackback comments for this entry.