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Subject:
US 1040NR - Canadian Tax Treaty Exemption, 1099-MISC?
Category: Business and Money Asked by: arifmj-ga List Price: $2.50 |
Posted:
09 Apr 2006 13:45 PDT
Expires: 09 Apr 2006 17:25 PDT Question ID: 717152 |
I am Canadian in the US on a F1 Visa. I will be filing 1040NR for 2005. I did my CPT over the summer and instead of sending me a W2, my employer sent me a 1099-MISC, for $10K. I believe that Article XV of the Canada-US tax treaty exempts $10K from taxes. Is Self-employment income (reported on Schedule C, via 1099-MISC) protected under Article XV of the Canada-US treaty? I was going to fill out Schedule C, but then report 0 on 1040NR and claim a $10K exemption due to treaty. Is this right? Thanks for all your help! amj |
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