KarenJ2
Expert Alumni

Get your taxes done using TurboTax

If you have checked that you want to file married filing jointly in TurboTax, the program should ask you for your income and deductions.  You will need to enter your SSN before filing.

 

We cannot answer your questions regarding filing your tax return for to CRA for either 2019 or 2020.  Please contact TurboTax in Canada with your Canadian questions.  To file with Canada, click here https://turbotax.intuit.ca/tax-software/index.jsp  Canadian tax experts can often answer questions regarding US/Canada tax issues.

 

As US tax residents, you need to declare your worldwide income for calendar year 2019 on your US tax return.  If you have rental income and expenses to claim on your property in Canada, you need to enter the income and expenses in TurboTax US.

 

If you have a gain on your rental income for US taxes, you can claim a foreign tax credit on your US tax return for the foreign taxes you paid in Canada on this rental income.

 

If you are US tax residents for 2020, you will need to declare your worldwide income for calendar year 2020 on your US tax return, including any income from Canada.  You can also use foreign tax credits on your US tax return to help offset double taxation.

 

 

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