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"Snowbirds" Returning Home: The U.S. Substantial Presence Test

"Snowbirds" Returning Home: The U.S. Substantial Presence Test

Welcome back to Canada! If you spent significant time in the U.S. this winter, you might be at risk of meeting the IRS "Substantial Presence Test" based on their 3-year weighted formula. To avoid being taxed as a U.S. resident on your worldwide income, you may need to file Form 8840 by June 15th. Our latest blog explains the 183-day calculation and how to properly claim the Closer Connection Exception.

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Selling U.S. Property as a Canadian Snowbird: What You Need to Know

Selling U.S. Property as a Canadian Snowbird: What You Need to Know

If you're a Canadian resident selling real estate in the United States — whether it's a vacation home, rental property, or investment — there are important tax and filing requirements you need to know. From U.S. withholding rules under FIRPTA to cross-border reporting and potential Canadian tax implications, it's essential to plan ahead. Our team can help you navigate the process and avoid costly surprises.

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