Muskoka’s snowbirds are going to have to keep a close eye on how many days they go down south for the winter. Reports say snowbirds could run the risk of paying income taxes in the US and lose Canadian benefits, if they don’t stick to the guidelines. Huntsville resident George Young says the magic number is 182 days.
Young says he believes there won’t be an issue as long as you stick to the 182 days a year. He says this is the first step to have Canadians stay longer and spend more money.
Young says they want you to fill out a form 8840 to indicate how long you’ve been in a place for the past three years.
Young says it’s important you fill out the form, but it’s not a threat.
(Courtesy Photo) George Young