Ask Experts Questions for FREE Help !
Ask
    vetcogray's Avatar
    vetcogray Posts: 5, Reputation: 1
    New Member
     
    #1

    Jan 29, 2009, 01:01 AM
    Tax mess
    Hi Everyone, looking for a tax expert!
    OK here we go
    I am a green card holder who transferred from Louisiana to canada for the last 2 years I am getting paid in canadian dollars by the canadian division of the US company.
    I will not get a w2 for 2008 as I never received any US salary in 2008 , only canadian (147000 can dollars)
    [LIST][*]how do I file US taxes without a w2?[*]Do I need to file Louisiana taxes & federal? I was only in the US for 5 days last year[*]Can I file a 1040ez? I have no stocks , 401k etc, property in USA only some vehicles registered there[*]I got married to a canadian in 2008 however she does not have a ssn, so can I claim her in my taxes as a dependent or would I be better claiming single?[*]how do I file for an extension until I get all ths figured out... I do not want to file a 1040NR as I may lose my green card.[*]Can't I just file wages as zero and no w2
    Do I need to send IRS copy of Canadian T4 and at what rate would I convert canadian to us dollars if they want to know my salary in equivalent us dollars
    Any advise welcomed I want to keep it as simple if that is at all possible!!
    Thanks
    Stuart
    MukatA's Avatar
    MukatA Posts: 7,110, Reputation: 176
    Tax Expert
     
    #2

    Jan 29, 2009, 02:42 AM

    On your return, you must report your world wide income. If you paid taxes in the foreign country, you will claim credit for taxes paid in the foreign country by filing Form 1116. You do not need W2 to report your foreign income. You your own record like payment slips, bank statements, or salary certificate from employer. You will need this only when IRS questions you.

    Read: Your U.S. Tax Return: U.S. Citizen or Resident with Foreign Income
    AtlantaTaxExpert's Avatar
    AtlantaTaxExpert Posts: 21,836, Reputation: 846
    Senior Tax Expert
     
    #3

    Jan 29, 2009, 02:27 PM
    He can claim the Foreign Income Exclusion (Form 2555), but only for part of his salary. He will pay taxes on the non-excluded part, and can claim the Foreign Tax Credit on the taxes assessed against the non-excluded portion of his salary.

    This return is exceptionally complicated and should be done by an experienced tax professional.

Not your question? Ask your question View similar questions

 

Question Tools Search this Question
Search this Question:

Advanced Search

Add your answer here.


Check out some similar questions!

Such a mess right now. [ 5 Answers ]

Hello, first of all I'm glad to be part of such a great community here and hope to be able to help people out and also hope that they can help me out also. I have problems at the moment and I honestly don't know what to do, OK I'll start from the top. There's this girl I met who I've liked...

A big mess [ 1 Answers ]

Ill tell you the story briefly and then I would like to hear anyone's opinions please! I'm 18 and I work part time in a shop. I have been very close to a lad in there for well over a year and he is 21. We texted for months and very nearly got together but something inside kept telling me it...

In a big mess! [ 3 Answers ]

Hello, I'm in a big mess and need a lot of help. I'm a 28 yr. old man who is dating a woman with a 4 yr. old child. The problem is, I was brought up in a very middle class household, and was brought up as such. I had many rules and guidelines I had to follow as a child. I think it has molded me...

Did I mess up? [ 3 Answers ]

So yea I posted earlier and I wanted to ask another question. My post earlier was "is this relationship healthy for me?" I realized that I have rushed into many things pertaining to my relationship. For one I moved in with him way too soon, even though I had known him for years. I am currently...


View more questions Search