Tax Consequences for Canadian Snowbirds Who Travel to the U.S - Tax Tip Weekly

  Рет қаралды 2,700

Allan Madan

Allan Madan

Күн бұрын

Пікірлер: 6
@rajuchoudhari2409
@rajuchoudhari2409 5 жыл бұрын
thanks Allan for sharing this. as non resident alien of USA, if we file 8840 closure connection to Canada, then what happens to w-2 taxes deducted such as federal, state, social security and medicare? how to we get it back?
@AllanMadanCA
@AllanMadanCA 5 жыл бұрын
Hi there, No, you do not get it back. The US has the right to tax non-resident aliens for employment performed in the US. Form 8840 simply means that your tax home is not the US, and so the US will not tax you on your global income.
@rajuchoudhari2409
@rajuchoudhari2409 5 жыл бұрын
@@AllanMadanCA thanks Allan. nice explanation :) about your statement "No, you do not get it back" do you mean to say "you could still get refund if applicable after paying taxes through 1040-NR", could that be correct?
@AllanMadanCA
@AllanMadanCA 5 жыл бұрын
@@rajuchoudhari2409 You can get a refund if the taxes withheld are more than your actual tax liability. The difference will be refunded.
@rajuchoudhari2409
@rajuchoudhari2409 5 жыл бұрын
@@AllanMadanCA thanks Allan.
Know Before You Go- A Special Master Class for Snowbirds
30:25
The Wealthy Life with Sybil Verch
Рет қаралды 1 М.
-5+3은 뭔가요? 📚 #shorts
0:19
5 분 Tricks
Рет қаралды 13 МЛН
Ozoda - Alamlar (Official Video 2023)
6:22
Ozoda Official
Рет қаралды 10 МЛН
She wanted to set me up #shorts by Tsuriki Show
0:56
Tsuriki Show
Рет қаралды 8 МЛН
DRIVING OUR VAN FROM CANADA TO MEXICO
20:29
Kara and Nate
Рет қаралды 1,3 МЛН
Tax tips for Canadian snowbirds
14:03
Caring for Clients
Рет қаралды 604
IRS Form 8840 - Closer Connection Exception for Non-U.S. Persons
12:09
Jason D. Knott
Рет қаралды 2,9 М.
Filing tax returns for US Citizens Living in Canada
4:33
Allan Madan
Рет қаралды 984
TOP 9 TAX DEDUCTIONS For Your RENTAL PROPERTY
23:15
Toby Mathis Esq | Tax Planning & Asset Protection
Рет қаралды 207 М.
5 Essential Tips Every Canadian Snowbird Needs to Know Before Flying South
6:41
Beaches Financial Group - Bellwether Family Wealth
Рет қаралды 658
Canadian Snowbirds: How Long Can Canadians Stay in the US?
3:04
VisaPlace Immigration Services
Рет қаралды 10 М.
Tax Considerations for Canadian Snowbirds
3:48
BMO US
Рет қаралды 372
-5+3은 뭔가요? 📚 #shorts
0:19
5 분 Tricks
Рет қаралды 13 МЛН