Even if you travel south of the border to escape the cold, you can’t escape taxes. Here’s what you should consider when tax time comes around.
December 12, 2014
Even if you travel south of the border to escape the cold, you can’t escape taxes. Here’s what you should consider when tax time comes around.
As a snowbird, you probably enjoy soaking up the sun in the United States, but you need to remember that you have obligations to pay taxes here in Canada.
If you are escaping Canadian winters in the United States, you may be subject to U.S. income tax.
If you love your visits to the sunny United States, but will always call Canada home, then you are required to pay Canadian income tax because you are taxed as if you never left.
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