I have helped hundreds of people successfully navigate from the US to Canada. If you're thinking of moving or retiring to Canada contact me today to chat about your plans.
I can be reached via email at email@example.com, by phone at 250-661-9417 or through my contact page here.
I look forward to speaking to you soon.
Phil Hogan, CPA, CA, CPA (CO)
Cross-Border Tax and Investment Specialist
I’m a US citizen living in Canada that has yet to file his US tax return. I was told by a friend that I could have until December 15th, 2017 to file my return. However I can’t find any information online about this extension. Is this the case?
Yes, it is possible to further extend your US tax return to December 15th assuming you have already applied for an extension. To give you some context:
US Tax Return Deadline for American’s Abroad
As a US citizen living in Canada you would have been required to file an extension via form 4868 by June 15th of 2017 (you have an automatic extension from the April 15th filing deadline). This extension only extends the tax return to October 15th and you will want to ensure that you pay any taxes owing by this date in order to avoid penalties.
How Can I Extend my Tax Return to December 15th, 2017?
IRS regulation section Section 1.6081-1(b) outlines in detail how to make the December 15th extension. Unfortunately no prescribed form exists to file for this extension, rather tax payers are required to write directly to the IRS in order to apply for the extension. The extension request letter should include the following:
- Which tax return you are officially requesting an extension for, including any specific filing requests
- You need to also include the reason why you are requesting the additional extension to file
Once completed the extension request letter should be sent to the following address:
Department of the Treasury
Austin, Texas 73301-0045
It’s also good practice to include a copy of the extension letter that you sent earlier when the actual tax return gets filed. That way to can increase the likelihood the IRS will honour the extension request.
For some taxpayers it can be useful to have the ability to extend beyond the regular October 15th filing deadline. That being said, it’s always good practice to try and file your US tax return well before any final deadlines. Procrastinating about completing the return will only lead to accumulated stress and possible errors.
We file more of our client’s 1040 returns by the end of April and the vast majority of the remaining returns by June 15th to ensure clients can enjoy a summer without worrying about US tax issues.
Does this apply if I didn’t actually make the first election in the first place?
Good afternoon. My wife and I are not making our retirement move to Victoria, BC for a couple of years but we are getting preparatory actions organized. So is it something you folks are interested in with helping with our Canada and US personal income tax filing and planning? Situation: my wife is Canadian and will be 50 yrs old while I am American & will be 65 at move. We own a home on SSI. I will have pension and US social security plus we both have investment income. If you are interested in general, when should we meet to get planning under way? BTW, we are moving from Colorado if Mr. Hogan is ever down this way. Thanks and have a great day. Regards
I am a Canadian citizen who is working in Colorado, USA under a TN visa. My spouse, home (owned jointly with my spouse), RRSP, LIRA and vehicle (in spouse’s name) remain in Canada. I started working in the USA in June of 2015 and had been working for a Canadian company until June 2015. I will therefore have a T4 from Canada and a W2 from the USA for 2015. I was hoping to use the Canada-US Tax Treaty to simplify my Tax situation and be declared Non-Resident of the US under Tie Breaker rules. Would you be able to help me with filing both my US and Canadian Taxes? If so, could you provide me with an estimate as to what it would cost in order to do so?