Serbinski Accounting Firms

nelsona wrote:
> You would only fill line 2, since this is NOT a defined benefit plan, it is
> a money purchase plan.
Thanks Nelsona ... Turbotax do not support RC268 and asking to file by mail. Is there a software which allow e-file of RC268

Thanks Nelsona. I am filing up form RC268 for 401k deduction. This form is of two pages. Second page is "Prescribed amount". Not sure I need to fill second page too. My 401K is through employer and called "401K Saving plan", but this page talks about employer contribution to &quo...

Thanks Nelsona. 1) From US perspective, the day I leave US and return is counted as US presence. Hence technically I spend only 1 day in week in Canada. I keeping track of my entry/exit in sheet so that same can be used during my US Citizenship presence requirement (3 years out of 5 years). 2) Since...

Thanks Nelsona. 1) From US perspective, the day I leave US and return is counted as US presence. Hence technically I spend only 1 day in week in Canada. I keeping track of my entry/exit in sheet so that same can be used during my US Citizenship presence requirement (3 years out of 5 years). 2) Since...

Hi, I see that Canada simply do not go by 183 days rule to determine if one is tagged as tax resident or not. Even if you are less than 183 days in canada, Significant residential ties can still tag one as "tax resident". I have primary house, rental properties, wife and kids, bank account...

nelsona wrote: > Once you satisfy US tax residency by treaty, you are no longer considered > Cdn tax resident. What *dependents* are in canada? Economic ties in canada > don't count.' Let's establish that first. Hi Nelsona, I have dual status. I consulted two cross border tax accountant last year an...

Hi Nelson, Looking forward for some help from you.

Hi, I am US GreenCard holder and work and live in US. I have my family, multiple rental properties, primary residence, car, bank accounts, RRSP etc in Canada. Since my relationship to Canada is strong, I am also considered tax resident of Canada. I moved to US in March 2023 and this is first time wh...

Thanks Lilylam, but what about my strong ties to Canada. Does US-Canada tax treaty override strong ties to Canada?

Hi, If Canadian citizen working and staying in US on green card (staying more than 183 days .. no commute) and have strong ties to Canada (Spouse, kids, Primary residence, rental properties, bank account, credit cards), now under US-Canada tax treaty, will be considered factuall resident OR deemed n...

HI Nelson, My question is more about being tax resident of US while maintaining RRSP, RESP and rental properties in Canada.

Hi, I forgot to mention that when I was in US, my employer filed my GC in Oct 2012. Date is current now and that is the reason I am going back to US as Employer refused to do consular processing.

Hi guys, hope all is going good. I am Indian by birth. I worked on H1B in US for 4 year and then moved to Canada in 2013 and now a Canadian citizen. I live in Ottawa and have primary residence and 4 rental townhouses. My wife is also working for semi-govt employer. We both have RRSP and kids have RE...