Form 8840
Posted date : Sep 19, 2022
I’ve just become aware of the form 8840. Do I need to complete the form if I don’t meet the substantial presence test for time in the U.S.?
Read more...Posted date : Sep 19, 2022
I’ve just become aware of the form 8840. Do I need to complete the form if I don’t meet the substantial presence test for time in the U.S.?
Read more...Posted date : Jul 21, 2022
Hi, I received a statement of interest income from my TD Bank in the U.S. − interest earned is .44 cents. Would I have to file income tax in the U.S? If no filing is required, as of what amount earned would I have to file?
Read more...Posted date : May 11, 2022
I have seen a number of questions and answers regarding selling your home in the U.S., but I haven’t seen any information about subsequently squaring up with the U.S. Internal Revenue Agency. How do I get our money back to Canada?
Read more...Posted date : May 11, 2022
We bought a personal use home in Goodyear in 2007 and sold it at a capital loss in 2015. We had no U.S.-based income, so did not file a U.S. income tax return. …
Read more...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?..
Read more...Posted date : Jul 23, 2021
I’m writing to find out what I’m missing, based on the below excerpt from the 2020 Form 8840. It specifically states on page 3, that: “… you will not be treated as a U.S. resident for 2020…
Read more...Posted date : Jun 17, 2021
U.S. Senators Marco Rubio (R-FL) and Rick Scott (R-FL) reintroduced the Canadian Snowbirds Act, legislation that would allow some Canadian citizens to spend up to eight months a year vacationing in the United States, two months longer than they are allowed to stay now.
Read more...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. ..
Read more...Posted date : Jul 22, 2020
Having just returned from six months in the U.S., I undertook to, once again, fill in Form 8840. This year, I note that the I.R.S. is seeking, in question #13, whether or not I filed tax returns for 2019..
Read more...Posted date : Jul 22, 2020
Do I need to fill out the 8840 if I filed a U.S. income tax return?
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