Serbinski Accounting Firms

Hey, if someone paid AMT tax in the US, can they use their AMT tax credits after moving to Canada?

nelsona wrote:
> US residents (even Cdn citizens) are not allowed to have investment
> accounts in canada, other than retirement accounts.

Well that simplifies my options lol Thanks.

Hi, I have some money in a Canadian account that I would like to invest in Canada however I am an American resident. I would like to invest the money and pay no taxes while I'm in the US since I don't intend on selling it. This would require a fund that doesn't produce dividends. Is it possible to d...

Gotcha, thanks.

Fug1 wrote: > I recently did the same thing. As nelsona said, the process is initiated by > the receiving broker. It's not a taxable event until the ETFs are actually > sold. > > Keep in mind that selling assets during a market crash (like right now) is > not catastrophic if you're going to put the ...

Hi, does anyone know if it's possible to transfer ETFs, say VTI & VXUS, that were bought at an American brokerage (e.g Fidelity), to a Canadian brokerage when moving back to Canada from the US? If so, how would such a process look like and cost and how would the taxes be filed? When I was search...