Canadian lives in the USA owns an internet business, where do I pay taxes?

Question

I am Canadian who lives in the US. I own a web site business with customers all over the world. Where do I pay taxes? To the USA IRA? to Canada? Both? Please help. Any web sites with good info will be apprecited!

Answer 1

You must comply with both U.S. and Canadian filing requirements, if any. In the United States, you generally are required to file a return if you have income from the performance of personal services within the United States. However, under certain circumstances, that income may be exempt from payment of U.S. tax pursuant to the U.S.-Canada income tax treaty. You need to determine what type of visa you have, and how that impacts your residency status in the United States. If, based on the tax code and your visa status you are treated as a U.S. resident, then your entitlement to treaty benefits will be impacted. You must contact the Canadian government to determine whether you must file a Canadian tax return and pay Canadian taxes.

Answer 2

Since you are a US resident, your world-wide income is subject to US taxes.

Canadian taxes are up to Canada, but you will receive a credit on your US tax return for any foreign income taxes paid. File Form 1116 to claim that credit.

Answer 3

It relies upon on the size of the organization and the state your organization is predicated in. in case you do company in distinctive states, you're able to pay distinctive tax fees on earnings from each and every state. i'm afraid we can't be plenty greater powerful with out severely greater suggestions.

Answer 4

Where is the business registered? Presumably in the US, right? So you pay taxes to the USA.

I work with many Chinese. But they make money in America, so they pay US taxes.

Answer 5

USA but tax deadline was a few weeks back

Answer 6

If you live in the USA you pay USA taxes...