Serbinski Accounting Firms

Thanks. I'm not sure I understand your last sentence. Mind explaining again?

I stayed with a family member in Canada in a rented place and stayed in the US through short term rentals. Is residence the supreme factor in determining tax residency?

Thanks - not sure I fully comprehend. My call to CRA was futile because they read back what's listed on the CRA website (which I've already read through more than once). My question, as described in the scenario above considering first year and subsequent filings, was to determine whether 401k emplo...

Thanks - what do you mean by living arrangements? I don't think I understand that question/concept beyond what I outlined above. As of 2023 I have called Canada home since even in 2022 my job scene kept me 'stranded'. I no longer hold a job in the US as of 2023, and have thus left US for Canada to m...

Hi, circumstances as below: - stayed more than 183 days in 2022, travelled back and forth frequently as the border conditions normalized in later half of the year. - No income/earnings of any kind in Canada. No dependents/spouse. - Ties in US: vehicle, license, employment, savings/investments contin...

thanks for response. I did check the other posts - appears for 2021 that guidance applies. What about 2022, given the circumstances noted above?

Hello Steve15: can i please clarify this concept. Year 1 (first year canadian filing): Income: 100,000 401k contribution: 10,000 employer match: 5000. No RRSP room, therefore no 401k is deductible when filing Canadian taxes in year 1? Correct? Year 2 (second year filing): Income: 100,000 401k contri...

hello - this is an old post, but wanted to clarify whether US employer contribution towards 401k is taken into consideration for calculating RRSP limit? i.e. lower of 18% of prior year's earnings or prescribed limit (29,210 for 2022 e.g.) minus US employer contribution, or is it simply 18% of prior ...

Hoping to gain some perspective on the following scenario - non US Citizen/Green Card, Canadian PR holder third country national. - Living and working in the US until 2020 (only short 1-2 week visits to Canada since gaining PR) - visited (and stayed more than 183 days due to border restrictions/covi...