U.S. Tax Return
If you are a U.S. citizen residing in Canada, you continue to have tax obligations to the United States. You might need to submit a US tax return (1040), depending upon income.
The good news is that tax treaties between the two countries provide deductions and credits which avoid double taxation.
If you are a US citizen and live outside, you have an automatic extension of two months to file your U.S. tax return. This means that your U.S. return is due on June 15. Taxwide can help you in preparing both the Canadian and USA returns so that you will pay the minimum taxes.
If you are a Canadian resident traveling or temporarily living in USA or anywhere outside of Canada, and you have any questions or want to file your Canadian tax return, Taxwide can help you.
Call us for FREE information at 905-949-2222.