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Level 3
March 28, 2022
Question

Client is a US resident (originally CA) but spouse is employed by Canadian employer and was issued a T4. How do you report the T4 on US 1040?

  • March 28, 2022
  • 1 reply
  • 15 views

My client is a US resident (originally CA) but spouse is still employed by a Canadian employer. The Canadian employer pays the spouse in CAD and issued her a T-4. How and where do you report the T4 on the US 1040 form.

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1 reply

sjrcpa
Level 15
March 28, 2022

You translate it to US dollars and report as wages. There should be a box to check for foreign employer Lacerte, which I use, has one). If it is subject to Canadian income tax, use Form 1116 to get  foreign tax credit.

 

The more I know the more I don’t know.
Level 3
March 28, 2022

Thank you but does anyone know how to record the T4 in proseries professional not Lacerte.

sjrcpa
Level 15
March 28, 2022

Ignore the T4 except to use for getting the numbers. Report the US dollar amount as wages. There is no place to input a T4, a Canadian form, in any US tax software.

The more I know the more I don’t know.