Serbinski Accounting Firms

Oh! I only opened the TFSA two months ago. They said my maximum contribution included all those years I was over 18 but didn't have a TFSA, so I was able to drop in $25,000 right away. So I've never actually failed to report, I think?

The other sites I was speaking of - I was searching in reddit.com/r/personalfinancecanada recently. For #1, if I close the TFSA now, do I still have to include it in my next US tax reutrn? For #4, will I be considered a non resident of Canada even if I keep my Cdn bank account and credit card? Folks...

Thanks for your response, nelsona! 1. I've never filed US taxes before. Is that a problem? This will be my first full-time job. 2. So if I close my TFSA now, I won't have to pay US tax on it? Can I move that money to an American savings account? 4. I will have a 'home' in the US prior to starting wo...

Here's my situation: -Born in USA, lived in Canada from age 5 to present (now age 24), retained both citizenships -Soon to be moving to USA for one-year work contract, and probably will continue to work in the US after that -Getting paid by employer -I have a US passport and social security number, ...