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.
Thanks Jared. I was waiting for email notification for the answers to my question, but I didn't get it until I was trying to answer other person's question and found your answers. Thank you.
Do you know if "Social security tax and Medicare tax." are 100% tax deductible or 15 %?
Thanks Jared. The link seems for income. I would like to know if I can claim social security tax withheld and medicare tax withheld against Canada tax deduction. some people said it should be 100% and some said 15%. Confused...