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Old 03-13-2013, 10:50 AM   #10
Locke
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Quote:
Originally Posted by puckhog View Post
As a non-resident you still have to pay taxes on income from a Canadian source, including Canadian investment income. But, the person paying you is bound to withhold and pay 25% as a non-resident tax, so you shouldn't have to file anything in Canada. Is there anything on the T5 that indicates if the tax was withheld?

Also, as far as I know, as a US resident, you are now taxable on your worldwide income, so the amount will have to be included in your income. There may be an offsetting credit that you can use for the tax that should have been paid in Canada.

Not sure if this was helpful or not.
This is true. Even as a non-resident you have to pay tax on Canadian-Sourced Income. It just means that you dont have to file a Canadian tax return for your American income.
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