Filing NR73 when on H-1B in the US?

[canfanreal]

Hi, it's my first full tax year in the US (working on an H-1B) and I was wondering if anyone could give me some information on how I should deal with my Canadian taxes?

I've heard that it's advantageous to file the NR73 form and declare myself as a non-resident of Canada, and hence not have to worry about Canadian taxes. I have no ties to Canada (closed all my bank accounts, no property, no income from Canada... etc.).

Would this be the right form to fill? Is there anything else I should research? Thanks so much in advance!

 

[TheRealCanadian]

I've heard that it's advantageous to file the NR73 form and declare myself as a non-resident of Canada, and hence not have to worry about Canadian taxes. I have no ties to Canada (closed all my bank accounts, no property, no income from Canada... etc.).

Don't bother with the NR73. Just file an exit return and declare yourself a non-resident.

 

[nelsona]

Whne you say "first full tax year in US", what do you mean? Did you start working in US in 2008, or in 2009?

If 2008, you should have taken care of all exit requirements on your 2008 Cdn departure return. And you would have taken care of "first-year" tax situation on your US return for that year.

If you moved in 2009, you need to take care of the special tax return requirements in US and Canada during the upcoming tax season.

But, as TRC sez, NR73 is not worth filing in most cases, and is not required unless asked by CRA.

Go to forums.serbinski.com , where I deal with these specific issues.