In this article, I will discuss the U.S and cross border tax treatment of the two common types of income that is derived from real estate i.e. rental income and capital gains on disposition. Rental Income Canadians with US Rental Income have two options available to them to meet US tax reporting requirements i.e. 1. […]
Author: Amelia Chan
Taxation of Foreign Earned Income (US & CA)
If you are a US citizen with Canadian sourced income , you may find yourself in a scenario where you have to file both Canadian income taxes , as well as US income taxes (at least US federal taxes).Note, all US citizens and Canadian residents for tax purposes have to report all their worldwide income […]