Serbinski Accounting Firms

Thank you Nelsona!

For my earlier explained situation I have some additional questions: I sold my Canadian property in 2015 and filled out T2062 as well paid the 25% withholding tax in 2015 itself. Then in 2016 I filed the Canadian taxes for the same capital gains and got some refund back from that 25% withholding I h...

Thanks Nelsona for your continued help!

Hi Nelsona For the Canadian taxes I paid in 2016 for the 2015 capital gain, am I able to somehow use it as itemized deduction to reduce my US taxes? Due to the weaker CAD at the time of sale of property in comparison to the time of cost basis, my overall gain on the sale of Canadian property is more...

Thanks a lot Nelsona!

Hi My situation is explained earlier in this thread: i sold my house in Canada last year and paid taxes to CRA this year on the capital gains. Thanks to Nelsona & other in guiding me through the process which made it easy for me to file my 2015 canadian tax returns. Would appreciate answers to f...

Thanks a lot again for the information SM!

Nelsona appreciate all your help as always!

Cheers

Thanks SM!

Hello Nelsona, I have a few questions regarding filing of Canadian taxes for a property I sold late last year. I received the compliance letter from CRA and have paid the 25% of the gains from the sale of property. I am now looking to file the 2015 taxes. It is my understanding that I have to file S...

Thank you very much!

Thanks you,

I have a retro appraisal from 2 realtors along with comparable property sales for that time, I am hoping that will suffice in lieu of the form T2061

Hi Nelsona, If I did not fill the form T2061 at the time I left the country, can I still use the FMV to calculate the capital gains for Canada tax purposes or I need to go with the option 1 you suggested, I do have retro appraisals for when I left the country but not sure if i can use it for calcula...

Hello,


Could you please advise what supporting documents I would need to send in along with the form T2062 in my situation i.e. selling a house which use to be prinncipal residence 6 years ago but now is a secondary home when I visit Canada.

Thank you!

Thank you for your reply.

Thanks for your response