Serbinski Accounting Firms

Nelsona, Regarding my non-registered investments, assuming in 2022, before i leave USA for Canada, if I sell the losers and keep the winners (and assuming the brokerage company allows me to keep my non registered investments even as no longer a US resident), how do I treat the non realized gains whe...

Nelsona - Much appreciated!

Hi, Hope i can get some pointers related to taxes. I am a canadian citizen. Severed ties with Canada few years back (and at the time I filed my departure tax). Since then i have been living/working in USA under the NAFTA agreement. I am considering quitting my job, and moving back to Canada. I have ...

Thank you both. I wasn't sure if i had the option to file 1040 full year.

@Yogeshdd Are you doing a dual-status alien return in USA (1040 and 1040NR as a statement)? I am not sure if this is the case for me. After reading Pub519 see below, it appears that i should file a dual-status return: "You can be both a nonresident alien and a resi-dent alien during the same ta...

Thanks Nelsona! What about the following 2 questions that i get for Schedule A - Statement of World Income: 1. Specify Income from Canadian Sources: Net interest and other investment income - $... Other Canadian-source income - $... 2. Specify Income from sources outside Canada Net employment income...

All, I am a canadian citizen. Was working in Canada (for canadian employer) from january 2018 to April 2018. Then i moved in the States with a US employer under a TN visa. I have severed my ties with Canada so i will have to file a departure tax. I am having a tough time with the following: I am usi...

Does anyone know if a non-registered Canadian retirement savings plan (Deferred Contribution) needs to be included in the form 3520-A and 3520?
Thank you

Is the form 3520 and 3520-a required to be filled to declare my TFSA amount which i still hold with BMO?

Thanks Nelsona! What about for USA, the fact that i did not sell my non-registered investments and TFSA, would i owe anything for 2018, or even for 2019 (when the tax season come next year), considering that i am going to sell my canadian investments this year? By the way are there any instructions ...

Any help appreciated! I left canada in may 2018, but i did not sell my non-registered investments when i left Canada. Neither have i sold my TFSA. At the time i cancelled my rent and i do not have any dependents nor wife. Basically i have no major residential ties to Canada. This is a very broad que...