itonewbie
Level 15
12-07-2019
08:00 AM
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It is not as simple as that. You will need to refer to the US-Canadian income tax treaty, determine which country has the primary right to tax certain income, what rate apply to which type of income, whether saving clause or one of the exceptions apply, and then how foreign tax credit may be claimed on the US tax return based on these considerations.
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Still an AllStar
Still an AllStar