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Koreabound2004
Joined: 19 Nov 2003
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 Posted: Thu Feb 17, 2005 12:40 am Post subject: Canadians...taxes...are you filing from abroad??? |
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I was just reading that it is possible to download the income tax forms and file....however, I will have to get my T4's mailed from the fam at home....
Should I do it or wait till I get back and do 2 of them in 2006???
Lastly, for any tax experts out there....I think I may be in a little trouble.... 
I worked in 2004...Jan to Aug in Canada. I had one full time job(paid taxes)...and a part time job(tax-free...but not under the table)...then I worked in Korea from Sept to Dec(tax free)...and they didn't take any taxes off me here.
Am I screwed? |
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FUBAR
Joined: 21 Oct 2003
Location: The Y.C.
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| Posted: Thu Feb 17, 2005 12:48 am Post subject: |
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In a word "yes"
According to the Personal Income Tax forms that I have seen, a citizen must pay income tax if they have lived in Canada for longer than 180 days during the fiscal year (January 1-December 31). Add in the fact that you were working during this time pretty much guarantess that you are "eligible" for taxation by the Canadian government.
You have a few choices, you can wait until you go back and let the gov't audit you for which you will then pay your taxes + interest or you can file for them now. It really depends on your cash flow situation at the moment. |
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Sage Monkey
Joined: 01 Nov 2004
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| Posted: Sat Feb 19, 2005 8:38 pm Post subject: |
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