Hi,
I am a Canadian citizen and just received an offer from the U.S company to work under the TN1 visa status. However, due to COVID-19 outbreak, the employer advised that I work remotely in Canada until things settle down in the U.S (they did not specify the timeline as it is TBA).
I will be employed by Canadian company until mid-Sept, 2020 and will be under the U.S payroll thereafter. Therefore, I will remain as Canadian citizen under tax definition in 2020, but I was curious to know whether this will have any tax implications for 2020 filing.
In addition, I read a posting that it is highly advised that I close my TFSA account once I leave the country as the account will be subject to being taxed in the U.S. But, if I remain in Canada for rest of 2020 and beginning of 2021, would it be possible for me to maintain the account?
Thank you.
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source https://www.reddit.com/r/immigration/comments/i47saz/tn1_tax_implication_question/