expats-relocation

U.S. Expat Taxes

by AR
(USA)

Hello.

I am a U.S. citizen who will be joining my spouse to live in Toronto, Canada.

I have read online that U.S. citizens abroad have to file taxes and any income less than around 90,000$ is tax exempt.

I will be making close to $300,000 in Canada and will be subject to Canadian taxes.

My question is how much additional taxes approximately will I have to pay to the U.S. government? Am I subject to double taxation?

Thanks!




Comments for
U.S. Expat Taxes

Click here to add your own comments

U.S Expat Taxes
by: Sharon - Expats Guide

Thanks for your inquiry. I have forwarded your question to Nick Hodges the owner and president of ExpatCFO A US expat tax and financial planning company.

Please find hereunder his response:

"We know just how confusing and distressing it can be to try to figure out the answers to your questions all on your own. That's why we want to be able to talk with you directly about your questions and concerns.

At present, we are setting appointments for the week of April 18th. Please bear with us as all our CPAs are busy completing tax returns for the US tax filing deadline. We want to make sure you have the chance to talk with a CPA experienced in expat tax matters. He is available during business hours US-Pacific Time, 9:00am ? 5:00pm.

If necessary, we can work with your schedule for a time a little earlier or later - please let us know what you need and provide a day that you can be available. To keep all of our costs down, we use a Skype account for these calls (expatcfo.)

When you reply, please provide us with your Skype ID as well.

If you need answers to your questions sooner than April 18th, we invite you to contact our main office in Fullerton, California (USA) directly: 714-870-4542.

Best of Luck
Sharon




Click here to add your own comments

Join in and write your own page! It's easy to do. How?
Simply click here to return to Expats Community



expatsguideFollow @expatsguide on Twitter






International Health Insurance


Pingo



Welcome To My Website

sharong

Hi, my name is Sharon, and I'd like to welcome you to my expats guide site.

Over the past 14 years I've moved with my family between 5 houses across three continents.

Want to find out how I did it? Read more at my about page.



[?] Subscribe To
This Site

XML RSS
Add to Google
Add to My Yahoo!
Add to My MSN
Add to Newsgator
Subscribe with Bloglines




Web Site Solutions | Advertise | Property Listings | Serviced Apartments