Serbinski Accounting Firms

so I'm just automatically supposed to know where to find all this when I don't even know what I'm looking for? :p

Thanks for the help. Now I guess I'll go search to figure out what the hey book value is and why I need it

I didn't see it anywhere. Thanks!

definition clarification please if anyone can!

for the purposes of form 8891 am I an annuitant or a beneficiary?

I did not contribute to my RRSP in 2005, I was a non-resident of Canada for all of 2005 and cashed it in and closed the account in January. AFAIK, there would have been no interest ...

sorry for the multiple posts...I dont' see an edit function.

Ok, so how do I know what are the "gains" on that RRSP that I cashed?

I moved here in October 2004, and cashed it in January 2005, how would I figure what the gains were?

you posted same time as me, so I didn't see your last post...

I guess I will try to have them enter as a deduction rather than credit and see how that works. Thanks.

ok, I just called them again to say what you told me above, that I doesn't need to be filed at the state level because its not taxable federally, but apparently a portion of it is according to her.

They did the form 1116 to work out the foreign tax credit for the IRS federal return, and it is only ...

so I should report it on the federal return and NOT on the state return? Or not report it at all?

Ok, I have been fighting with H&R Block for over a week now in trying to figure out what to do with my NR4 on my US tax return.

I left Canada in 2004, and in January 2005 cashed in my RRSP for $40k and of course Canada took the 25% lump of slightly over $10k.

Now, the problem is that apparently ...