Hi, I am Canadian and working in US. I got W-2 and paid Social security tax as well as Medicare tax. When I file Canadian tax return, can I claim these as deduction? If yes, how to claim it (form or easy step question).
Thanks
You will need to report your foreign income in Canadian dollars. You might get a foreign tax credit for taxes you paid in the foreign country.
To report your foreign income and claim the tax credit, do the following:
The section expands with additional choices.
You will need to report your foreign income in Canadian dollars. You might get a foreign tax credit for taxes you paid in the foreign country.
To report your foreign income and claim the tax credit, do the following:
The section expands with additional choices.
100% of social security taxes are added to foreign taxes paid in Canada, for the purpose of claiming FTC.
15% is for people who receive Social security benefits from the U.S.
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