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Showing results for tags 'foreign taxes'.
Hi Not sure if it's a bug or just some tax related rule... I am filling in a T5 for my spouse foreign income with rough number like (USD) Box 15: 300$ Box 16: 50$ I noticed that the amount of Box 16 (foreign income tax paid on dividends income) doesn't affect the total refund Shouldn't the amount of tax paid affect the bottom line, or it doesn't matter if the foreign tax was paid or not?
Hello all, need some assistance please. I live in Canada but commute and work in the US everyday. How would I do this with this program? Does it make a difference if I made <$100,000 CAD or >$100,000 CAD? Thanks for the assistance.