To continue on with this, I'm in the same boat here. I’m a US citizen working for a Canadian company. I am signed up for their ESPP (employee stock purchase plan). I was told by the Canadian company's payroll dept that this "other income" dollar amount showing on the T4PS in box 35 I had already paid my US taxes for this portion. So wouldn't this mean that this income amount is already IN my paycheck since the taxes are taken out of the paycheck and I should NOT have it added to my wages again to be taxed on it again? I was also told that I would ONLY need to show any of this on my taxes is if I sold some of the Employee Stock and had any capital gains. In my case I did NOT sell anything. Also they did NOT issue any dividends this year which I know if htey did, I would need to claim that. Thank you for more clarification on this. It has been a nightmare.
