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Posted date : May 13, 2019

The information in this section of CSANews is always very useful to snowbirds and others with some connection to the U.S. Could you please clarify your response to a recent letter in which you state that, “if you earn income in the U.S. you do have to file a U.S. tax return.” According to the […]

Posted date : Jul 23, 2021

Should a snowbird refrain from buying and holding U.S. securities in order to avoid any closer connection determination being made by the IRS/Homeland Security officials in scrutinizing an individual’s residency basis for an income tax status?..

Posted date : May 12, 2021

We sold a condo, in the U.S., this year – 2020. No tax was withheld. We have a slight gain in U.S. dollars. We have a larger gain in Canadian dollars, and intend to pay tax on that gain, in Canada. ..

Posted date : Jul 22, 2020

Do I need to fill out the 8840 if I filed a U.S. income tax return?

Posted date : Aug 9, 2019

I am considering selling my U.S. condo and wonder if you have any advice on this. I have owned it for 10 years and it has gone up in value, so I know that I will pay capital gains tax in the U.S. Will the profit be counted as income in Canada?

Posted date : May 14, 2019

My wife and I own a home in Arizona and are thinking of transferring ownership to our son, who lives in Arizona. We bought the house in 2006. We live in Canada. Would we have any capital gain to report, as this is not a sale but a gift to our son? Then could he […]

Posted date : May 14, 2019

A further question about your response in the winter 2017 issue: “if you earn ANY income in the United States, you are required to file a U.S. tax return. This includes rental income for leasing your condo or park model as well.” Does this apply to income earned from investments in the stock market – […]

Posted date : May 14, 2019

I am a Canadian citizen, but a non-resident of Canada – I currently live in Europe, where my wife is currently employed. I do have two properties in Florida that I rent out on an annual basis and I have been filing U.S. income tax returns since I purchased them. I have heard through the […]

Posted date : Nov 27, 2017

U.S. Internal Revenue Service Forms 8840 – Closer Connection Exemption Statement for Aliens Canadian residents who winter in the U.S. are technically subject to U.S. income tax if they exceed a specific number of days (based on a calculation on the form 8840) in the U.S. in any one year. To avoid U.S. taxation, IRS […]

Posted date : Nov 13, 2017

I am not sure that the advice you gave William in B.C. is correct regarding prolonged stays in the U.S. with respect to consequences from the U.S. government. There appear to be two issues and two major U.S. agencies at stake here. One is the verbal B2 visa (Homeland Security), which is violated in any […]