@jyee315 wrote:TOTAL INCOME
Employment income: Box (10100) $86790.19
Taxable amount of dividends from taxable Canadian corporations (Box 12000): $146.44
Interest and other investment income (Box 12100): $5683.16
NET INCOME
Pension adjustment (Box 20600) $13901
Registered pension plan deduction (Box 20800) $11960
RRSP/pooled registered pension plan (PRPP) deduction (Box 20800) $2268.81
Annual union, professional, or like dues (Box 21200) $2268.81
Carrying charges and interest expenses (Box 22100) $1901.37
Deduction for CPP or QPP enhanced contributions on employment income (Box 2215) $60.50
Net income (Box 23600) $68262.87
This is your taxable income (Box 26000) $68626.87
Dividends and Interest are not used for the Foreign EARNED Income Exclusion.
Offhand, I don't know the details of the US/Canada Tax Treaty, but as a general rules, just because the foreign country does not treat it as taxable, it does not mean it is not taxable to the US.
So if unless the US/Canada Tax Treaty says otherwise, you need to include the GROSS/Total income on the US tax return. The non-US retirement accounts and other Canadian deductions don't directly affect what is taxable on the US tax return.
As a side note, if you are filing Jointly, make sure you have a proper election to treat your wife as a Resident Alien.
