continuing to work in Canada...

[peteranna 0]

Would anyone know if there is a problem with the following: I am estimating that I will be going through the POE sometime in December to activate my CR1. However my teaching contract only finishes at the end of February. I am not at ease breaking my teaching contract. Now I understand activating my CR1 means I am a US conditional resident. What are the implications (taxes, status, etc...) of working in Canada for a few months after activating my CR1? Anyone with this experience?

[Harpa Timsah 13,258]

After you cross, yo can come and go freely as a Permanent Resident (the conditional aspect does not make your rights or responsibilities any different - you are still a Permanent Resident). You must maintain your permanent residence in the US, but you are able to leave the US for up to a year without needing special permission. A few months, and presumably you will come back in between, will not affect your status. When you file US taxes, you will declare the foreign income, and will be given a tax deduction since you already paid taxes on it in Canada, and you won't get double taxed, unless you start to make six figures.

Edited August 24, 2012 by Harpa Timsah

[Krikit 1,164]

You can check the Canada forum for in-depth information on cross border taxes. There are no implications of living in the US and working in Canada. Many Canadians do it.

[peteranna 0]

After you cross, yo can come and go freely as a Permanent Resident (the conditional aspect does not make your rights or responsibilities any different - you are still a Permanent Resident). You must maintain your permanent residence in the US, but you are able to leave the US for up to a year without needing special permission. A few months, and presumably you will come back in between, will not affect your status. When you file US taxes, you will declare the foreign income, and will be given a tax deduction since you already paid taxes on it in Canada, and you won't get double taxed, unless you start to make six figures.

thanks

You can check the Canada forum for in-depth information on cross border taxes. There are no implications of living in the US and working in Canada. Many Canadians do it.

thanks