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Canadian income

Beachkids5
Level 3

A client moved to Canada 7/1.  Does US and Canadian income go on 1040 or can only use US income and file canadian income separately in their system.

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Skylane
Level 12
Level 12

if your client is US citizen repots all worldwide income on 1040. To avoid double taxation, forms 1116 Foreign tax credit and 2555 foreign earned income exclusion 

If at first you don’t succeed…..find a workaround

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Skylane
Level 12
Level 12

if your client is US citizen repots all worldwide income on 1040. To avoid double taxation, forms 1116 Foreign tax credit and 2555 foreign earned income exclusion 

If at first you don’t succeed…..find a workaround