Canada to US | H1B Visa | Tax Implications in Canada
Hey guys,
I'll be working in Boston in a few months. Before anyone tells me to get a lawyer or accountant, I just wanted to see if anyone knew the answer here.
So here's my situation:
1. Will be on a H1B Visa, I DO have significant ties to Canada (bought a house).
2. I WILL be staying and working in the US for MORE than 183 days.
Will I have to pay only Canadian taxes because I have ties to Canada? Or only US taxes since I will be in the US for more than 183 days and the IRS will consider me a US resident? Which treaty will win in a tie-breaker in this case? I am aware of the foreign-tax credit in the US-Canada tax treaty, I just want to know whether it will Canadian or US taxes I will most likely pay.
Thanks!
I'll be working in Boston in a few months. Before anyone tells me to get a lawyer or accountant, I just wanted to see if anyone knew the answer here.
So here's my situation:
1. Will be on a H1B Visa, I DO have significant ties to Canada (bought a house).
2. I WILL be staying and working in the US for MORE than 183 days.
Will I have to pay only Canadian taxes because I have ties to Canada? Or only US taxes since I will be in the US for more than 183 days and the IRS will consider me a US resident? Which treaty will win in a tie-breaker in this case? I am aware of the foreign-tax credit in the US-Canada tax treaty, I just want to know whether it will Canadian or US taxes I will most likely pay.
Thanks!