Cross-Border Canada
Canadian cross-border + expat tax guides: leaving Canada and departure tax, US citizens in Canada, snowbirds and US residency, and returning residents.
2026-05-28
TFSA Contribution Room 2026 Canada: Annual Limits + Lifetime Maximum
TFSA contribution room 2026 is $7,000. Total lifetime room since 2009 is $109,000 for someone 18+ in 2009. Year-by-year table, recontribution-of-withdrawals rules, and how to verify via CRA My Account.
2026-05-28
TFSA Overcontribution Penalty 2026: 1% Per Month + Form T1-OVP
Contributing to a TFSA beyond your room triggers 1% per month under ITA §207.02 — assessed every month the excess remains. Mechanics, T1-OVP filing, CRA reasonable-cause waiver, and the 6 common triggers.
2026-05-28
TFSA Withdrawal Rules 2026 Canada: When You Can Recontribute Without Penalty
TFSA withdrawals don't restore your contribution room until 1 January of the year after. Recontributing same-year triggers the 1% per month overcontribution tax. Mechanics, exceptions, and year-end timing.
2026-05-26
Canada-US Tax Treaty Article IV: Residency Tiebreaker
Resident of both Canada and the US? How the Article IV treaty tiebreaker works: permanent home, vital interests, habitual abode, citizenship, Form 8833.
2026-05-26
Canadian Cross-Border Tax FAQ: 12 Common Questions
Master FAQ across all 4 cross-border scenarios — leaving Canada, US citizen in Canada, snowbird, returning resident.
2026-05-26
Canadian Departure Tax: Deemed Disposition on Emigration
What ITA s.128.1(4) means when you leave Canada permanently. Excluded categories, 50% inclusion, year-of-departure return.
2026-05-26
Snowbird SPT + Form 8840: The 183-Day Survival Guide
How the Substantial Presence Test works, when Form 8840 saves you, and what to do if current-year days exceed 183.
2026-05-26
T1161 + T1243 + T1244: The Emigrant Forms Checklist
Leaving Canada? When forms T1161, T1243 and T1244 apply, what each reports, filing deadlines, late-filing penalties and posting security for departure tax.
2026-05-26
TFSA US Tax Treatment: Why US Citizens Should Think Twice
For US citizens, TFSA income is NOT US-tax-deferred: annual 1040 reporting, PFIC Form 8621, FBAR, Form 8938, and the case for prioritizing the RRSP.
2026-05-26
FBAR + Form 8938: US Citizens in Canada Reporting Guide
US citizens in Canada: when FBAR triggers, which accounts count (TFSA, RRSP, RESP), Form 8938 thresholds, filing deadlines and non-filing penalties.
2026-04-20
TFSA Overcontribution Penalty 2026 — 1% per Month Rule & How to Fix It (CRA)
How the CRA 1% per month TFSA overcontribution tax works, the most common triggers, how to calculate your excess, and how to file Form RC243 and request a waiver by letter.
2026-03-22
2025 RRSP, TFSA, and FHSA Contribution Limits
2025 RRSP limit of $32,490, TFSA limit of $7,000, and FHSA $8,000 annual limit explained — with carry-forward rules, deadlines, and strategies.
2026-03-22
RRSP vs TFSA: Which Is Better in 2025?
A marginal rate analysis of RRSP vs TFSA for different income levels. Discover which account wins at $50k, $80k, and $120k, plus when a spousal RRSP makes sense.
2026-03-22
TFSA Contribution Room: How It Works
How Tax-Free Savings Account contribution room accumulates since 2009, the 2025 annual limit, re-contribution rules, and why withdrawals don't count as income.
2026-03-18
TFSA Contribution Room: How It Works & Annual Limits
TFSA contribution room in Canada: annual limits history, cumulative room, over-contribution penalties, and withdrawal rules.
2025-02-01
RRSP vs TFSA: Which Is Better for You? Quick Answer 2026
The 60-second answer on RRSP vs TFSA for 2026: which one wins at your income, why most Canadians use both, and where to put the RRSP refund.