Search found 6 matches

by terrychen
Wed Oct 13, 2021 4:33 am
Forum: Canada / United States Tax & Accounting
Topic: Transfer investments from unregistered account to a US broker
Replies: 3
Views: 1140

Re: Transfer investments from unregistered account to a US broker

Thanks for the response! 1. If I understand correctly when I file my tax return with IRA, I will just need to use the closing price for my investments on the day I landed in the US? I am just a little concerned because I know Questrade is going to send the original cost basis to the US broker and th...
by terrychen
Sun Oct 10, 2021 6:30 pm
Forum: Canada / United States Tax & Accounting
Topic: Transfer investments from unregistered account to a US broker
Replies: 3
Views: 1140

Transfer investments from unregistered account to a US broker

I am on a TN Visa and in process of transferring all my investments (US-listed stocks/ETFs) from Questrade's unregistered account to a US broker through ACAT. I was reading somewhere that said it's better to sell everything and re-purchase all the investments to refresh the cost base before initiati...
by terrychen
Thu Jul 15, 2021 12:25 pm
Forum: Canada / United States Tax & Accounting
Topic: TN visa flagpole
Replies: 6
Views: 1669

Re: TN visa flagpole

I guess just to be more clear. I plan to have my permanent residence in Washington, not California.
by terrychen
Thu Jul 15, 2021 12:08 pm
Forum: Canada / United States Tax & Accounting
Topic: TN visa flagpole
Replies: 6
Views: 1669

Re: TN visa flagpole

nelsona wrote: > At this date (7/15/21) if you do anything more than go to border to get TN, > when returning to Canada, you will need to either fully vaccinated and have > a recent COVID test, OR quarantine for 2 weeks. Gotcha thanks for the reminder. I got fully vaccinated in Canada and I think a ...
by terrychen
Thu Jul 15, 2021 12:05 pm
Forum: Canada / United States Tax & Accounting
Topic: TN visa flagpole
Replies: 6
Views: 1669

Re: TN visa flagpole

nelsona wrote: > If you remain a Cdn resident, working in canada, you should be on Cdn > payroll, not US. > > If you move to US, you become US tax resident at that time, ceasing Cdn tax > obligations on US-sourced income. > > US states tax both on residency and location of work, with work location >...
by terrychen
Thu Jul 15, 2021 1:09 am
Forum: Canada / United States Tax & Accounting
Topic: TN visa flagpole
Replies: 6
Views: 1669

TN visa flagpole

I am a Canadian currently living in Canada. In about two months (September) I will be working in US on a TN visa. The team is fully remote so I have the option the stay in Canada if I want. I've heard people get a TN Visa and come back to Canada right after (or maybe stay just for a few days to set ...