Search found 5 matches

by mstevens
Tue Jun 02, 2020 8:10 pm
Forum: Canada / United States Tax & Accounting
Topic: SFOP & Form 8891 Election
Replies: 1
Views: 1098

Re: SFOP & Form 8891 Election

Re-reading the forms per https://www.irs.gov/individuals/international-taxpayers/u-s-taxpayers-residing-outside-the-united-states: For returns filed under these procedures, retroactive relief will be provided for failure to timely elect income deferral on certain retirement and savings plans where d...
by mstevens
Tue Jun 02, 2020 6:56 pm
Forum: Canada / United States Tax & Accounting
Topic: SFOP & Form 8891 Election
Replies: 1
Views: 1098

SFOP & Form 8891 Election

I'm working on a streamlined foreign offshore disclosure for a taxpayer's failure to report his FBAR & FATCA forms in any taxation year. He has a number of large RRIF's and I'm wondering if we ought to request for an extension of time to file an election with form 8891 (US Information Return for...
by mstevens
Sun Apr 19, 2020 3:05 pm
Forum: Canada / United States Tax & Accounting
Topic: SSA-1042S - Non-resident alien filing requirement?
Replies: 3
Views: 2137

SSA-1042S - Non-resident alien filing requirement?

Does a non-resident alien (Canadian citizen) receiving social security benefits by virtue of their US citizen spouse have a 1040NR filing obligation to report their social security benefit? The social security has not had any tax withheld on it. As far as I can tell, the answer is no when no tax is ...
by mstevens
Sun Apr 19, 2020 3:05 pm
Forum: Canada / United States Tax & Accounting
Topic: SSA-1042S - Non-resident alien filing requirement?
Replies: 0
Views: 7102

SSA-1042S - Non-resident alien filing requirement?

Does a non-resident alien (Canadian citizen) receiving social security benefits by virtue of their US citizen spouse have a 1040NR filing obligation to report their social security benefit? The social security has not had any tax withheld on it. As far as I can tell, the answer is no when no tax is ...