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Reporting RSU income granted in Canada
Hey,
I was granted some RSUs from my employer while I was in Canada which vested when I moved to the US. My employer takes care of automatically calculating the percentage of time I was in each country and paying them their dues on taxes which makes things slightly easier for me.
Questions:
I am not sure if I need to report the Canadian income to US since I've already paid taxes on the US equivalent income for the same RSU.
Also, can I claim Foreign Tax Credits for this amount also? Does TurboTax Premium take all these nuances into consideration when preparing for my returns?
Thanks!
March 5, 2025
10:33 AM