topic Re: Dual Status Tax filing in Filing

Dual Status Tax filing

Soroush1 — Wed, 12 Mar 2025 05:46:37 GMT

Hi,

Hi! I was in Canada & tax resident of Canada for the first 5 months of the past year, then in the US on a visitor Visa for the next 3 months, and on a TN visa and in the U.S. for the remainder of the year until now.

I merged & closed quite a few accounts, including TFSAs, before getting my TN visa, and I intend to file a dual-status return to avoid complications regarding reporting these accounts from prior to obtaining a TN to IRS. My understanding is that I will have to file as a Canadian resident for the first 11 months or so of the year up to the date that I meet the presence test in the US and file as a US resident for the remainder of the year.

My questions are: first, is my understanding correct, and second, which parts of these filings can be done with Turbotax software on both the Canadian & American sides?

Thank you!

Re: Dual Status Tax filing

TurboTax_Susan — Thu, 13 Mar 2025 21:39:32 GMT

As you were only in Canada for the first 5 months of the year (less than 183 days), you might not be considered a resident of Canada. This Canada Revenue Agency (CRA) page can help you determine if you are a resident for tax purposes: https://www.canada.ca/en/revenue-agency/services/tax/international-non-residents/information-been-moved/determining-your-residency-status.html#wizard-status-leaving

Regardless of whether you are a resident or not, you can use the Canadian version TurboTax to prepare your returns.

For assistance with U.S. versions of TurboTax & U.S. Taxes, please visit: https://ttlc.intuit.com/turbotax-support/en-us

Re: Dual Status Tax filing

Soroush1 — Thu, 20 Mar 2025 19:30:37 GMT

After consulting with a tax professional, I will have to file as a dual-status individual in the US but I will be considered a Canada resident up to my TN visa issuance date & US resident from then. I'll also have to do FBAR declarations for the entire year not just after TN.