Help - Search - Members - Calendar
Full Version: EI Tax Slip
VisaJourney.com > General Discussion Area > Regional Discussion > Canada

ceriserose
I don't know if it's an allergy to government paperwork, old age, or aversion to taxes that's causing my memory lapse, but I can't find it on the HRDC site nor can I remember...

When do they send out tax slips for EI? Is it the rule they have to be in the mail by Feb 28?

Additionally, can anyone who was resident in the US tell me the approximate timeframe in which they received theirs?

Thanks!!
flames9
You will get a T4E, I belive I received mine early march, but I do not recall for sure
ceriserose
Thanks! I used to know this stuff but U.S. stuff has kicked it out.

I'll await it in a few weeks then. smile.gif
flames9
When i filed my Cdn taxes for the yr (9 months) I received EI, I got a nice refund. There is a form (217???) that one can fill out and get some of that 25% back they deducted from EI. Of course other factors are considfered (other $$ made in Canada, etc)
ceriserose
Yes, in my situation I won't be filing Cdn taxes (my exit taxes were 2005 and I had EI from Jan 1, 2006 to Feb 27, 2006). I'm not sure what will happen but hopefully it'll come out in the wash. smile.gif
flames9
You can still file Cdn taxes. My exit taxes were 2004(december). I received EI from Feb to Oct. 2005 My only income for the most part was the EI (and a bit of severence pay carried over from 2004) You may not get much back for 2 months, bu tprobably enough for a good night out!! I think my refund check was over $2000 cdn. And there is a income tax progrom (probably a few) that allows you to file for FREE if u make under a certain amount, and it recognizes non-residents in its software. Think it was quick tax??
wally
get your T4E online
I forgot what site but I was able to print it and the return documents and have mailed everything in already. For the T4E, you'll have to have your access code. Remember, there is a specific address for non-residents to send your returns to.
flames9
Yes, online!! Damn, I think that is where I did get mine after all!! Just goto the Canada gove site, and poke around. I forget exactly how it was done, but was fairly simple and painless. I think one require their 4 digit password or soemthing that is found on ur bi weekly Ei forms that they mailed you. I do recall phone the 1-800# and asking for assistance!
Waiting in Vancouver
Thank you everyone for the hint about getting it online ... We have been waiting for the EI T4E so we can finish our taxes ... In case others are trying to figure out where what site to go to, here is the link ...

http://www.servicecanada.gc.ca/en/home.shtml

Now it is time to try to figure out our taxes ... We are hoping there is a local company that can give us a hand as this year will probably be the most confusing ...
flames9
We used Hewitt jaackson the past few yrs. The one guy we used weas their "Cdn expert" Wasnt much of an expert , but I think it worked out,lol, We purchased their insurance, so if IRS does coem after us, Hewit jackson has to cough up the $$$. What screws up most USA tax people is Cdn RRSP's (one need to fill out form 8891)
Waiting in Vancouver
QUOTE(flames9 @ Feb 18 2007, 10:48 AM) *
We used Hewitt jaackson the past few yrs. The one guy we used weas their "Cdn expert" Wasnt much of an expert , but I think it worked out,lol, We purchased their insurance, so if IRS does coem after us, Hewit jackson has to cough up the $$$. What screws up most USA tax people is Cdn RRSP's (one need to fill out form 8891)


My wife was told that there is a company here that knows the canadian taxes ... So we plan on meeting with them to see if they can help ... I guess the hardest thing for my canadian taxes will be the fact that I cashed in all of my RRSPs ... Wasn't alot about $9000.00 cdn but it probably will confuse things ...
flames9
I cashed in a pile of RRSp's this yr as well. According to wife's parents accountant (who doesnt know much about USA/Cnadad taxes mind you) he stated since I already paid taxes in canada on them, i should not have to do anyhtign about them with regards to my USA taxes. Doesnt sound right to me though, so i have to investigate further.
zyggy
I'll do it for you smile.gif'

It's not that bad... Just do some reading... If you need any assistance, I'll help out where I can without actually seeing the numbers...

zyggy
QUOTE(flames9 @ Feb 18 2007, 05:37 PM) *
I cashed in a pile of RRSp's this yr as well. According to wife's parents accountant (who doesnt know much about USA/Cnadad taxes mind you) he stated since I already paid taxes in canada on them, i should not have to do anyhtign about them with regards to my USA taxes. Doesnt sound right to me though, so i have to investigate further.



Flames...

You do have to report the amount that you cashed in on your RRSP's as income on your US 1040. However, if Canada taxed you on them, you can take a foreign tax credit on the foreign tax that was paid on them... So you may not have to owe US tax on anything. The US/Canada tax treaty does not allow for double taxation, but you do have to report it. If the tax in Canada is less than that in the US (doubtful), you have to make up the difference in the US.

I would also fill out a Section 217 return to see if you can get a portion of the non-resident taxes that were taken out of your RRSP's back from CRA.

I really should go into business doing foreign taxation... I am giving away all this free stuff when I could get some bucks for doing it...

flames9
Ya, I was goin gto contact Revenue Canada to see if I could use Section 217 and get som eof the $$ back, just like I did with my EI money. I was pretty certian that I had to state the RRSP as income, last yr read up a fiar bit on another website that had a lot of RRSP info, just have to go back and dig through the posts. At least here in the USA my Mortgage has planty of use at income tax time!! Thanks
ceriserose
QUOTE(flames9 @ Feb 14 2007, 04:39 AM) *
You can still file Cdn taxes. My exit taxes were 2004(december). I received EI from Feb to Oct. 2005 My only income for the most part was the EI (and a bit of severence pay carried over from 2004) You may not get much back for 2 months, bu tprobably enough for a good night out!! I think my refund check was over $2000 cdn. And there is a income tax progrom (probably a few) that allows you to file for FREE if u make under a certain amount, and it recognizes non-residents in its software. Think it was quick tax??


I'm really confused now.

Why would I be filing Canadian taxes and reporting world income on that? Won't I be taxed by them just as I'm being taxed by the US?

Don't I recoup the 25% nonresident tax on my US taxes somehow?

I'll check out Serbinski but this makes no sense to me on the face of it...tell me where I might have it wrong.
ceriserose
Okay I just read Zyggy's comment.

So when one files a Section 217 it sounds like they won't tax you on it?

I tried that link to grab my online EI slip and it's not recognizing that I live in the US. So I guess my day off will be spent on the phone. Blargh.
ceriserose
I ended up calling the International tax office. Based on my earnings last year it would be a really bad idea to file a 217.

She was also able to give me the EI slip information so at least we can plug the numbers in. She said the slip was in the mail (although I'm sure that's a guess for her...).

At least I didn't spend all day on the phone. wink.gif
flames9
I belive one can us Quick tax for free and see if it is to ur benefit or not to file. I think it was Quick tax I used last yr,and one didnt have to pay unless u were e-filing and you had under a certain amout of income.
ceriserose
QUOTE(flames9 @ Feb 19 2007, 08:17 AM) *
I belive one can us Quick tax for free and see if it is to ur benefit or not to file. I think it was Quick tax I used last yr,and one didnt have to pay unless u were e-filing and you had under a certain amout of income.


Thanks Scott. smile.gif We do use Quick tax and will play around with it, but from what she said, I was WAY over the certain amount of income so there's no value to it.

I appreciate everyone's answers here. smile.gif
zyggy
QUOTE(ceriserose @ Feb 19 2007, 10:15 AM) *
QUOTE(flames9 @ Feb 14 2007, 04:39 AM) *
You can still file Cdn taxes. My exit taxes were 2004(december). I received EI from Feb to Oct. 2005 My only income for the most part was the EI (and a bit of severence pay carried over from 2004) You may not get much back for 2 months, bu tprobably enough for a good night out!! I think my refund check was over $2000 cdn. And there is a income tax progrom (probably a few) that allows you to file for FREE if u make under a certain amount, and it recognizes non-residents in its software. Think it was quick tax??


I'm really confused now.

Why would I be filing Canadian taxes and reporting world income on that? Won't I be taxed by them just as I'm being taxed by the US?

Don't I recoup the 25% nonresident tax on my US taxes somehow?

I'll check out Serbinski but this makes no sense to me on the face of it...tell me where I might have it wrong.


Cerise...

As a non-resident, the Canadian Tax Code states the amount of taxes that you owe them can be determined in one of two ways:

The first way is to just have then take the 25% non-resident tax on Canadian source income and ignore your worldwide income otherwise which I believe is Section 216..

The Second way is to opt to get taxed on your worldwide income based on filing a return as if you were a Canadian resident via Section 217.

Basically, if the amount of tax based on your worldwide income is less that the amount that they took on your Canada source income, you can apply to get the portion of the 25% non-resident tax back. In essence, you have to be under the 25% tax bracket to make it work. Or you really need no or very little US income.

Or in another way.. if your worldwide income causes you to owe more than 25% tax, all you owe Canada is the 25%. If your worldwide income causes you to owe less than 25%, you get a refund between the amount you owe and the amount they collected.

Even if the International Tax Office told you you wouldn't qualify, I would probably do the Section 217 anyways to make sure. You never know until you do the numbers. Remember, your spouses income DOES NOT come into play here...

Rememebr that you have to report ANY Canada source income on your US 1040, but you can take a credit of those taxes by filing for a foreign tax credit. The US/Canada tax treaty does not allow for ANY double taxation.
ceriserose
QUOTE(zyggy @ Feb 19 2007, 10:30 AM) *
QUOTE(ceriserose @ Feb 19 2007, 10:15 AM) *
QUOTE(flames9 @ Feb 14 2007, 04:39 AM) *
You can still file Cdn taxes. My exit taxes were 2004(december). I received EI from Feb to Oct. 2005 My only income for the most part was the EI (and a bit of severence pay carried over from 2004) You may not get much back for 2 months, bu tprobably enough for a good night out!! I think my refund check was over $2000 cdn. And there is a income tax progrom (probably a few) that allows you to file for FREE if u make under a certain amount, and it recognizes non-residents in its software. Think it was quick tax??


I'm really confused now.

Why would I be filing Canadian taxes and reporting world income on that? Won't I be taxed by them just as I'm being taxed by the US?

Don't I recoup the 25% nonresident tax on my US taxes somehow?

I'll check out Serbinski but this makes no sense to me on the face of it...tell me where I might have it wrong.


Cerise...
t
As a non-resident, the Canadian Tax Code states the amount of taxes that you owe them can be determined in one of two ways:

The first way is to just have then take the 25% non-resident tax on Canadian source income and ignore your worldwide income otherwise which I believe is Section 216..

The Second way is to opt to get taxed on your worldwide income based on filing a return as if you were a Canadian resident via Section 217.

Basically, if the amount of tax based on your worldwide income is less that the amount that they took on your Canada source income, you can apply to get the portion of the 25% non-resident tax back. In essence, you have to be under the 25% tax bracket to make it work. Or you really need no or very little US income.

Or in another way.. if your worldwide income causes you to owe more than 25% tax, all you owe Canada is the 25%. If your worldwide income causes you to owe less than 25%, you get a refund between the amount you owe and the amount they collected.

Even if the International Tax Office told you you wouldn't qualify, I would probably do the Section 217 anyways to make sure. You never know until you do the numbers. Remember, your spouses income DOES NOT come into play here...

Rememebr that you have to report ANY Canada source income on your US 1040, but you can take a credit of those taxes by filing for a foreign tax credit. The US/Canada tax treaty does not allow for ANY double taxation.


Thanks Zyggy. I'm familiar with the declaration on the 1040 along with the foreign tax credit...I withdrew an RRSP in late 2005 so have already run hat exercise. My confusion arose because I couldn't see a purpose in filing Canadian taxes when I know that there is no double taxation...but now it's clearer. smile.gif

So essentially what I'm reading here is that even if my total income last year moves me to a higher than 25% tax bracket, because the US is taxing me, Canada won't? And that the 25% I've already paid on my EI is all they'll take? Is that correct?

I'll run the numbers on the 217. Because I love math soooo much. laughing.gif

Seriously, though, thanks! Y'all are great!


zyggy
QUOTE(ceriserose @ Feb 19 2007, 03:29 PM) *
QUOTE(zyggy @ Feb 19 2007, 10:30 AM) *
QUOTE(ceriserose @ Feb 19 2007, 10:15 AM) *
QUOTE(flames9 @ Feb 14 2007, 04:39 AM) *
You can still file Cdn taxes. My exit taxes were 2004(december). I received EI from Feb to Oct. 2005 My only income for the most part was the EI (and a bit of severence pay carried over from 2004) You may not get much back for 2 months, bu tprobably enough for a good night out!! I think my refund check was over $2000 cdn. And there is a income tax progrom (probably a few) that allows you to file for FREE if u make under a certain amount, and it recognizes non-residents in its software. Think it was quick tax??


I'm really confused now.

Why would I be filing Canadian taxes and reporting world income on that? Won't I be taxed by them just as I'm being taxed by the US?

Don't I recoup the 25% nonresident tax on my US taxes somehow?

I'll check out Serbinski but this makes no sense to me on the face of it...tell me where I might have it wrong.


Cerise...
t
As a non-resident, the Canadian Tax Code states the amount of taxes that you owe them can be determined in one of two ways:

The first way is to just have then take the 25% non-resident tax on Canadian source income and ignore your worldwide income otherwise which I believe is Section 216..

The Second way is to opt to get taxed on your worldwide income based on filing a return as if you were a Canadian resident via Section 217.

Basically, if the amount of tax based on your worldwide income is less that the amount that they took on your Canada source income, you can apply to get the portion of the 25% non-resident tax back. In essence, you have to be under the 25% tax bracket to make it work. Or you really need no or very little US income.

Or in another way.. if your worldwide income causes you to owe more than 25% tax, all you owe Canada is the 25%. If your worldwide income causes you to owe less than 25%, you get a refund between the amount you owe and the amount they collected.

Even if the International Tax Office told you you wouldn't qualify, I would probably do the Section 217 anyways to make sure. You never know until you do the numbers. Remember, your spouses income DOES NOT come into play here...

Rememebr that you have to report ANY Canada source income on your US 1040, but you can take a credit of those taxes by filing for a foreign tax credit. The US/Canada tax treaty does not allow for ANY double taxation.


Thanks Zyggy. I'm familiar with the declaration on the 1040 along with the foreign tax credit...I withdrew an RRSP in late 2005 so have already run hat exercise. My confusion arose because I couldn't see a purpose in filing Canadian taxes when I know that there is no double taxation...but now it's clearer. smile.gif

So essentially what I'm reading here is that even if my total income last year moves me to a higher than 25% tax bracket, because the US is taxing me, Canada won't? And that the 25% I've already paid on my EI is all they'll take? Is that correct?

I'll run the numbers on the 217. Because I love math soooo much. laughing.gif

Seriously, though, thanks! Y'all are great!


Exactly... You got it...

ceriserose
QUOTE(zyggy @ Feb 20 2007, 05:17 AM) *
QUOTE(ceriserose @ Feb 19 2007, 03:29 PM) *
QUOTE(zyggy @ Feb 19 2007, 10:30 AM) *
QUOTE(ceriserose @ Feb 19 2007, 10:15 AM) *
QUOTE(flames9 @ Feb 14 2007, 04:39 AM) *
You can still file Cdn taxes. My exit taxes were 2004(december). I received EI from Feb to Oct. 2005 My only income for the most part was the EI (and a bit of severence pay carried over from 2004) You may not get much back for 2 months, bu tprobably enough for a good night out!! I think my refund check was over $2000 cdn. And there is a income tax progrom (probably a few) that allows you to file for FREE if u make under a certain amount, and it recognizes non-residents in its software. Think it was quick tax??


I'm really confused now.

Why would I be filing Canadian taxes and reporting world income on that? Won't I be taxed by them just as I'm being taxed by the US?

Don't I recoup the 25% nonresident tax on my US taxes somehow?

I'll check out Serbinski but this makes no sense to me on the face of it...tell me where I might have it wrong.


Cerise...
t
As a non-resident, the Canadian Tax Code states the amount of taxes that you owe them can be determined in one of two ways:

The first way is to just have then take the 25% non-resident tax on Canadian source income and ignore your worldwide income otherwise which I believe is Section 216..

The Second way is to opt to get taxed on your worldwide income based on filing a return as if you were a Canadian resident via Section 217.

Basically, if the amount of tax based on your worldwide income is less that the amount that they took on your Canada source income, you can apply to get the portion of the 25% non-resident tax back. In essence, you have to be under the 25% tax bracket to make it work. Or you really need no or very little US income.

Or in another way.. if your worldwide income causes you to owe more than 25% tax, all you owe Canada is the 25%. If your worldwide income causes you to owe less than 25%, you get a refund between the amount you owe and the amount they collected.

Even if the International Tax Office told you you wouldn't qualify, I would probably do the Section 217 anyways to make sure. You never know until you do the numbers. Remember, your spouses income DOES NOT come into play here...

Rememebr that you have to report ANY Canada source income on your US 1040, but you can take a credit of those taxes by filing for a foreign tax credit. The US/Canada tax treaty does not allow for ANY double taxation.


Thanks Zyggy. I'm familiar with the declaration on the 1040 along with the foreign tax credit...I withdrew an RRSP in late 2005 so have already run hat exercise. My confusion arose because I couldn't see a purpose in filing Canadian taxes when I know that there is no double taxation...but now it's clearer. smile.gif

So essentially what I'm reading here is that even if my total income last year moves me to a higher than 25% tax bracket, because the US is taxing me, Canada won't? And that the 25% I've already paid on my EI is all they'll take? Is that correct?

I'll run the numbers on the 217. Because I love math soooo much. laughing.gif

Seriously, though, thanks! Y'all are great!


Exactly... You got it...


Awesome. Thanks for the confirmation. smile.gif
together2love
QUOTE(ceriserose @ Feb 19 2007, 08:05 AM) *
I ended up calling the International tax office. Based on my earnings last year it would be a really bad idea to file a 217.

She was also able to give me the EI slip information so at least we can plug the numbers in. She said the slip was in the mail (although I'm sure that's a guess for her...).

At least I didn't spend all day on the phone. wink.gif



I just called the Interstate claims unit about this T4E slip and not being able to get it online because we are in the states. She said that if you put in the information again, but put Ontario (ON) as the province, it will bring up your T4E slip. . . and she was right, just to let everyone know it is possible to print online.
ceriserose
QUOTE(together2love @ Feb 27 2007, 08:33 AM) *
QUOTE(ceriserose @ Feb 19 2007, 08:05 AM) *
I ended up calling the International tax office. Based on my earnings last year it would be a really bad idea to file a 217.

She was also able to give me the EI slip information so at least we can plug the numbers in. She said the slip was in the mail (although I'm sure that's a guess for her...).

At least I didn't spend all day on the phone. wink.gif



I just called the Interstate claims unit about this T4E slip and not being able to get it online because we are in the states. She said that if you put in the information again, but put Ontario (ON) as the province, it will bring up your T4E slip. . . and she was right, just to let everyone know it is possible to print online.


Thanks for that. I still can't get mine online because I wasn't assigned a code from EI. sad.gif But good information in case I can swing something.
flames9
Yes, when I applied online from the USA for EI, one had to put down Ontario for 1 part. This was done to "fool" the computer.
Buttons
I'm waiting too, just want to get the last taxes done.
This is a "lo-fi" version of our main content. To view the full version with more information, formatting and images, please click here.
Invision Power Board © 2001-2008 Invision Power Services, Inc.