US Tax for US Citizens Living in Canada
Stay Ahead with JKC GROUP’s Expert US Tax Filing Services!
US Filings for Individuals
As a U.S. citizen living full-time in Canada, you still need to file the U.S. Form 1040 every year, reporting your worldwide income. This means double the paperwork: a Canadian return for your residency and a U.S. return for your citizenship. But don’t worry, JKC GROUP is here to help! We’ll leverage tax treaties, earned income exclusions, and foreign tax credits to minimize or even eliminate double taxation.
Compliance Filing in the Year of Departure
Moving back to the U.S.? It can be a complex and costly process, but JKC GROUP has your back. We’ll guide you through the myriad of filing requirements and help you strategize to minimize double taxation. We’ll ensure you claim all applicable treaty benefits and tax credits. Plus, we’ll review your situation to make sure there are no lingering ties to Canada that could affect your non-residency claim with the CRA.
Why stress over US tax filings when you can leave it to the experts? Let’s get started and make your tax season a breeze!
US Filing For US Citizens
US Filings Individuals
As a U.S citizen and full time resident in Canada, you still have to file U.S. Form 1040 every year, reporting your worldwide income. Therefore, you must file two returns each year: a Canadian return due to residency, and a U.S. return due to citizenship. JKC GROUP can help you take advantage of the many mechanisms in place today, such as tax treaties, earned income exclusion, and foreign tax credits to minimize or even eliminate double taxation.
Compliance Filing in the Year of Departure
For U.S. citizens, returning to the U.S. is potentially a very complex and costly process. To avoid such daunting prospect, JKC GROUP can guide you over the many filing requirements and also properly plan a strategy to minimize your exposure to double taxation and to ensure that applicable treaty benefits and tax credits are claimed. We will also review your situation to ensure that there are no remaining ties to Canada that could result in the CRA denying your non-residency claim.
Why Choose Us
Personal, Corporate & Cross Border Income Tax & Accounting Solutions
Proven Expertise
With years of experience in personal, corporate, and cross-border tax solutions, our team provides reliable guidance. Whether you’re filing taxes locally or dealing with international tax laws, JKC Tax ensures compliance and peace of mind throughout the process.
Personalized Solutions
Each client has unique needs, and our strategies reflect that. If you need clarity or a tailored tax plan, schedule an appointment at our North Vancouver office. Our experts offer one-on-one consultations to address your specific requirements and help you reach your financial goals with confidence.
Transparent & Proactive Support
Communication is key. We provide straightforward advice and proactive updates to keep you informed. You can rely on us to answer your questions and offer solutions before issues arise.