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Candian taxes


fredazcpa

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Does anyone know the filing reqiements for Candian's when they moved out of Canda, they sold there business and property there, the still hold Candain passports, but all there income is from US sources.  I know they will need to file either a 1040 or 1040NR for the US income, but not sure is the sale of the Candian business and property sale is reported to US as they are full time residence in US

 

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