Serbinski Accounting Firms

Thanks, Regarding your recommendation to sell TFSA rather than transfer in kind, if I sell after I move to the US (now), would that be considered income that I have to pay taxes to in the US ? If that’s the case? What would be the benefit of selling now in TFSA rather than inkind transfer ? Thanks a...

Ok Thanks, can you help with this question?? I intend to stay in the US for several years (assuming I’ll be able to renew my TN), so regarding 401K: A- Roth or pre-tax? What happens to Roth if I end up going to Canada? B- for 2021 401k limit, do I qualify for full limit (19.6k)? Does contributions (...

Hello Nelsona, Thank you for replying. Just to clarify, do you mean I'll be non resident in 2022 (the year after I leave), but when I file 2021 taxes before the deadline in 2022, my understanding is that I'll file as a non-resident as well, correct? Just reading through "Income Tax Folio S5-F1-...

Hello, I’m a Canadian citizen: - lived/worked in Canada for 175days in 2021. - then moved to the US on TN visa and I expect to physically be in the US for 180 days living/working for 2021. - the remaining 10 days of year, I expect to be on vacation (outside North America). I have no residential ties...