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flipflop

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  1. Hi all, I came across this thread while trying to figure out my taxes for the last year and I'm finding it very helpful. I am a Canadian student studying in the US and only have US stipend and scholarship, as well as W-2 for Teaching assistant work. For Canadian taxes to the CRA, my questions are: I know all US incomes must be reported, but I'm unsure if my stipend on 1042-S should be reported as a scholarship or foreign income. I'm using simpletax software, and it seems like the scholarship section does not specify whether it includes foreign and canadian scholarships. I believe this amount should be non taxable, but if I included it as a general foreign income, it shows I have an owing. Also for the W-2 income, I am reporting that as foreign income and I believe we also have to report the amount of US tax already paid. Should I be doing my US returns first to figure out the total taxes I paid for that income, or is the amount withhold on the W-2 sufficient? Thanks for any tips/thoughts on these questions. I know this is late follow up on this thread, hope there are still active members.
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