La Quinta, CA
(760) 895-3516

Canadian U.S. Tax Services California | 1040NR Filing

Borders Bookkeeping & Income Tax Preparation offers tax return filing services for Canadians, with a focus on those from Canada with a financial interest in the United States.

What is a U.S. Canadian Tax Preparer?


A U.S. Canadian Income Tax preparer is someone who has expertise in preparing income tax returns for an individual or business with a financial interest in Canada, U.S., or a combination of the two countries.

Who Might Use Our Services?


Canadians in the following situations may have need of a cross borders income tax filer:

 When Is the Best Time to Contact a Cross-Borders Tax Consultant?

The best time to contact a cross borders tax preparer is before you get invested in assets across the border. There are many things that investors do not know about before they make a decision on investing in Canada or the U.S. that could impact their investment tax-wise. Doing due diligence and establishing a good relationship with your U.S. Canadian income tax preparer before going ahead is always a smart move.  

You will want to have all your tax documents and tax information to your preparer as soon as possible. U.S. Canadian tax filers have a longer "busy season" than regular tax filers.

Due Dates for Canada/United States Tax Forms are:

    • U.S. Extension (Extends filing to Oct. 15th, but not taxes due) ---------April 15th
    • 1040 (Living in U.S.) ----------------------------------------------------- April 15th
    • 1040NR (Wages as employee subject to withholding in U.S.) ---------April 15th
    • T1 General (residents & non-residents) ---------------------------------April 30th
    • 1040 (Expat NOT living in U.S.)----------------------------------------- June 15th
    • 1040NR (No employee wages from U.S.)--------------------------------June 15th
    • T1 General (Self Employed Individuals, but taxes due Apr 30th) -----June 15th

 

Where are you located?


Borders Bookkeeping is in La Quinta, CA in the Palm Springs, California area. We can file U.S. income tax returns for you and state returns for all 50 states, so whichever you need one done.We can also prepare multiple state returns.  We are happy to help you wherever you are.


Why should I use a Canada/U.S. income tax preparer VS doing it myself?

Cross-borders income tax can get complicated and is an area you should consult an expert in. Many people are only required to file a tax return on the other side of the border a few times in their life, so they may not be familiar with how it is done. It is always best to connect with a cross borders tax consultant before you will need to file income tax returns to better understand your situation.





T1 General & T2 Corporate Canadian Returns

Would you like to have your Canadian income tax returns prepared for the CRA while you are on vacation in Palm Springs or anywhere in the Coachella Valley this tax season?

Borders Bookkeeping provides Canadians with Canadian income tax return preparation as well as any U.S. tax preparation or tax consulting services for those who have a financial interest in the United States such as real estate, investments, sales, or any other source of income coming from the United States.

EMAIL US ALL DOCUMENTS NEEDED ATTACHED AS A PDF FILE. Get a relative or friend from back home to scan and email all neccisary tax documents.

DOCUMENTS NEEDED INCLUDE THE FOLLOWING THAT APPLY/HAVE BEEN ISSUED TO YOU:

- T-SLIPS RECEIVED FROM CANADA (CAN INCLUDE THE FOLLOWING: RC62, T3, T4, T4A, T4E, T4F [aka T2121], T4RSP, T4RIF, T4PS, T4A(OAS), T4A(P), T5, T5007, T5008, T5013)
- RL SLIPS RECEIVED (QUEBEC ONLY) (CAN INCLUDE THE FOLLOWING: RL1, RL2, RL3, RL4, RL5, RL6, RL16, RL18, RL22, RL25)
- Date of Birth & Current Address
- RRSP CONTRIBUTIONS
- TUITION RECEIPTS FROM CANADA
- DONATION RECEIPTS
- DEPENDANTS
- POLITICAL CONTRIBUTIONS
- MEDICAL EXPENSES
- PUBLIC TRANSIT RECEIPTS
- STUDENT LOAN INTEREST DOCUMENTS

Are you a Canadian spending a significant amount of time in the United States? Give Borders Bookkeeping a call this year for all your U.S./Canadian tax needs.




U.S. Citizens Living in Canada Filing Taxes

All U.S. Citizens living in Canada need to file a U.S. income tax return if they meet the income tax filing thresholds. The IRS taxes U.S. Citizens and greencard holders living in Canada under the same tax laws as residents of the United States, so you will have to report world-wide income (the money you earn in Canada and anywhere else, whether it is T4 income or interest or self employment income, etc.).

The good news is that you have a Foreign Income Tax Credit available to you. In most cases this will eliminate your tax liability all together and is preferable over the Foreign income tax exclusion, especially if you spend more than 35 days in the U.S. per tax year, or if have children under 17 living with you in Canada.

U.S. Citizens in Canada Filing Threshold (1040 Tax Return)


Filing Status Age Minimum W-2 Income Requirement Minimum Self-Employment Income Requirement
Single Under 65 $10,150 $400
65 or older $11,700 $400
Head of Household Under 65 $13,050 $400
65 or older $14,600 $400
Married Filing Jointly Under 65 (both spouses) $20,300 $400
65 or older (one spouse) $21,500 $400
65 or older (both spouses) $22,700 $400
Married Filing Separately Any age $3,950 $400
Qualifying Widow(er) with Dependent Children Under 65 $16,350 $400
65 or older $17,550 $400


U.S. Citizens Living in Canada Health Care

  Under the Affordable Healthcare Act, U.S. Citizens living in Canada must be careful about how much time they spend in the U.S. If more than 35 days are spent in the U.S. in the given tax year, you will be liable to pay the Individual Shared Responsibility Payment for you and each person claimed as a dependent.


U.S. Citizens Living in Canada Tax Filing

Borders Bookkeeping offers income tax preparation for U.S. Citizens living in Canada. We can prepare foreign income tax credit forms, foreign income exclusion forms, Form 1040, schedule B, FBAR FinCen Report 114, and whatever your situation may require. Please call us for more information.






What is a U.S. Canadian Tax Preparer?


A U.S. Canadian Income Tax preparer is someone who has expertise in preparing income tax returns for an individual or business with a financial interest in Canada, U.S., or a combination of the two countries.

Who Might Use Our Services?


Canadians in the following situations may have need of a cross borders income tax filer:




 When Is the Best Time to Contact a Cross-Borders Tax Consultant?

The best time to contact a cross borders tax preparer is before you get invested in assets across the border. There are many things that investors do not know about before they make a decision on investing in Canada or the U.S. that could impact their investment tax-wise. Doing due diligence and establishing a good relationship with your U.S. Canadian income tax preparer before going ahead is always a smart move.  

You will want to have all your tax documents and tax information to your preparer as soon as possible. U.S. Canadian tax filers have a longer "busy season" than regular tax filers.

Due Dates for Canada/United States Tax Forms are:

    • U.S. Extension (Extends filing to Oct. 15th, but not taxes due) ---------April 15th
    • 1040 (Living in U.S.) ----------------------------------------------------- April 15th
    • 1040NR (Wages as employee subject to withholding in U.S.) ---------April 15th
    • T1 General (residents & non-residents) ---------------------------------April 30th
    • 1040 (Expat NOT living in U.S.)----------------------------------------- June 15th
    • 1040NR (No employee wages from U.S.)--------------------------------June 15th
    • T1 General (Self Employed Individuals, but taxes due Apr 30th) -----June 15th

 

Where are you located?


Borders Bookkeeping is in La Quinta, CA in the Palm Springs, California area. We can file U.S. income tax returns for you and state returns for all 50 states, so whichever you need one done.We can also prepare multiple state returns.  We are happy to help you wherever you are.


Why should I use a Canada/U.S. income tax preparer VS doing it myself?

Cross-borders income tax can get complicated and is an area you should consult an expert in. Many people are only required to file a tax return on the other side of the border a few times in their life, so they may not be familiar with how it is done. It is always best to connect with a cross borders tax consultant before you will need to file income tax returns to better understand your situation.