When you move to US, you will file a 1040. On it you will report all income, including Cdn rent, and be allowed all sorts of exemptions credits and deductions.
Your departure return for canada will report only income before you leave. Your rent after you will be on a special return.
If you want to know more about how to file taxes, I'd suggest a visit to forums.serbinski.com, but yes, the same legitimate deductions can be taken on both returns.
sell or keep the house in Toronto?
Moderator: Reba
9 posts
• Page 2 of 2 • 1, 2
9 posts
• Page 2 of 2 • 1, 2
-
- Did you find this topic helpful? If so, please link to it!
Return to Canadians in the USA
Who is online
Users browsing this forum: No registered users and 0 guests
Latest Forum Posts
- well i just posted o...date: 03/20/10
- Looking for Canadian...date: 03/19/10
- A question regarding...date: 03/19/10
- Filing Tax with no r...date: 03/19/10
- Introduce yourself!...date: 03/19/10
- Canadian/Dutch dual ...date: 03/19/10
