Search found 6 matches
- Tue Jan 04, 2022 4:19 pm
- Forum: Canada / United States Tax & Accounting
- Topic: US AMT Tax Credit
- Replies: 2
- Views: 3189
US AMT Tax Credit
Hey, if someone paid AMT tax in the US, can they use their AMT tax credits after moving to Canada?
- Wed Apr 07, 2021 6:13 pm
- Forum: Canada / United States Tax & Accounting
- Topic: Investing Canadian money while being an American Resident
- Replies: 13
- Views: 9330
Re: Investing Canadian money while being an American Resident
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.
> 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.
- Tue Apr 06, 2021 9:18 pm
- Forum: Canada / United States Tax & Accounting
- Topic: Investing Canadian money while being an American Resident
- Replies: 13
- Views: 9330
Investing Canadian money while being an American Resident
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...
- Sun Mar 01, 2020 4:19 pm
- Forum: Canada / United States Tax & Accounting
- Topic: Transfering ETFs in kind from US and Canada
- Replies: 7
- Views: 6559
Re: Transfering ETFs in kind from US and Canada
Gotcha, thanks.
- Sat Feb 29, 2020 3:34 pm
- Forum: Canada / United States Tax & Accounting
- Topic: Transfering ETFs in kind from US and Canada
- Replies: 7
- Views: 6559
Re: Transfering ETFs in kind from US and Canada
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 ...
- Sat Feb 29, 2020 3:57 am
- Forum: Canada / United States Tax & Accounting
- Topic: Transfering ETFs in kind from US and Canada
- Replies: 7
- Views: 6559
Transfering ETFs in kind from US and Canada
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...