Paying Tax in Canada if you work on TN visa in USA

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spaceman
Member since: Feb 07

Posts: 108
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Post ID: #PID

Posted on: 22-02-08 22:15:20

Dear Friends,

Just wanted to know if a Canadian Citizen should pay taxes in Canada if he is working on TN visa in USA and paying taxes in USA.

Thanks

sudesingh
Member since: Jul 04

Posts: 2085
Location: Toronto
Post ID: #PID

Posted on: 23-02-08 00:23:37

Quote:
Originally posted by spaceman

Dear Friends,

Just wanted to know if a Canadian Citizen should pay taxes in Canada if he is working on TN visa in USA and paying taxes in USA.

Thanks

Yes. You'll get credit for the taxes paid in US, so you'll land up paying the difference (due to different tax rates)

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ash_canada
Member since: Jan 07

Posts: 121
Location:
Post ID: #PID

Posted on: 23-02-08 08:31:06

You need to pay Canadian taxes on your US income only if the CRA considers you a "resident" for tax purposes. You are considered a resident if you have significant ties like maintaining a house, spouse/family in Canada to Canada when you are working abroad.

You may need to fill out a form and CRA can evaluate your residency status.

Check out the CRA website for more information.

cdn_dude
Member since: Dec 05

Posts: 942
Location:
Post ID: #PID

Posted on: 25-02-08 12:27:53

Quote:
Originally posted by spaceman

Dear Friends,

Just wanted to know if a Canadian Citizen should pay taxes in Canada if he is working on TN visa in USA and paying taxes in USA.

Thanks

If you do not have a house or spouse in Canada (and no significant ties to Canada), declare yourself as a NR of Canada by writing a departure date on your tax return (or by calling the CRA). Once you are a NR of Canada, you do not need to file cdn taxes. This will save you money!

AshwaniG
Member since: Jul 04

Posts: 1484
Location: Convinient
Post ID: #PID

Posted on: 25-02-08 13:02:50

Most of the people on TN avoid to declare NR status as they want to enjoy BENEFITS of Canada ..

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cdn_dude
Member since: Dec 05

Posts: 942
Location:
Post ID: #PID

Posted on: 25-02-08 13:21:55

Quote:
Originally posted by AshwaniG

Most of the people on TN avoid to declare NR status as they want to enjoy BENEFITS of Canada ..

May be because (mostly) either of this is true: 1) they do not know/realize that the money they save with declaring cdn NR status is far more than the cdn benefits they want, OR 2) they file the tax returns in a wrong way either by mistake or on purpose.

brown_bear
Member since: Nov 06

Posts: 542
Location: Somewhere in dreamland
Post ID: #PID

Posted on: 26-02-08 19:55:49

Quote:
Originally posted by AshwaniG

Most of the people on TN avoid to declare NR status as they want to enjoy BENEFITS of Canada ..

What are those benefits?

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Paying Tax in Canada if you work on TN visa in USA

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