Skip to main content
April 16, 2022
Question

I am a Canada/US dual citizen. I moved from NY to Canada last spring. How do I report Canadian income on my US tax return?

  • April 16, 2022
  • 1 reply
  • 0 views
The income is only about $1000 CAD from contract acting/puppetry work.

1 reply

LenaH
January 22, 2024

You will file form 1040 to report worldwide income.  

 

Here's how to enter your foreign income:

  1. Sign in to TurboTax and open or continue your return.
  2. Search for foreign income.
  3. Select the Jump to link in the search results.
  4. Answer Yes to Did You Make Any Money Outside the United States? and follow the onscreen instructions. 

Since you lived and worked in a foreign country, you might qualify for the foreign income exclusion. We'll ask questions to see if you qualify after you've entered your foreign income. Canada has tax treaties with many countries to ensure dual citizens do not get taxed twice on the same income. If you hold dual citizenship in the US and Canada, or you're a US citizen living in Canada, you'll have to file tax returns for both countries. The US has a number of tax treaties and deductions in place to help dual citizens avoid double taxation.

**Say "Thanks" by clicking the thumb icon in a post**Mark the post that answers your question by clicking on "Mark as Best Answer"