Help me Determining my residency status for Canada Tax purposes... 1) Canadian citizen, having Canadian bank accounts and investment options in Canada (So have secondary Canadian Residential Ties). No Primary Canadian Residential Ties of any kind. 2) For Y2023, lived/stayed and worked in Arizona, USA till end of July (Jan-Jul, 2023). Aug-Dec 2023 back in Canada. 3) Paid taxes to IRS and filed tax returns recently. (I believe this work scenario makes me Arizona resident for 2023). 4) Canadian tax filing system asking me my residency status for 2023. Q1: I am Factual Resident of Canada, right? Please let me know otherwise. Q2: Am I deemed non-resident of Canada or Non-resident of Canada for 2023?
You will file resident taxes in US for 2023 . And non resident in Canada
TC?
Go ask CRA by filling their form
Best get an accountant. There are probably withholding taxes you need to set up if you live in usa#1
TC😡 Penalty - Upload your bank statements too for both Canadian and US accounts.
There’s a difference between resident and fiscal resident. You are a US fiscal resident
Thanks! Yes, agree I am fiscal resident to US but tax departments (whether IRS or CRA) doesn't use word fiscal in their definition.