OK, let me ask a more general question and hope someone out there has an answer before Friday. I am an American citizen who lives in Canada. I understand there are tax treaties in effect between the U.S. and Canada to prevent double taxation of citizens living in the other country. If I'm not mistaken, permanent residents of Canada have to report all income, no matter where it comes from. The U.S. allows you to take a credit against foreign taxes paid on foreign income. But what about the taxes I paid to Canada on U.S. investment income (cap-gains distributions and ordinary dividends)? How do I avoid paying taxes twice on that income? I called the IRS international tax-help line, but this was beyond the guy's expertise. Can anyone out there help? Thanks,
Matt