Serbinski Accounting Firms

"lost" ? I guess this is one of my motivation for posting this update, to see if I am in an abnormal situation. Not reassuring to hear that though.. should I send a second time (with a note as such) to be on the safe side? Weird.. I was more expecting such delays in 2020 and/or 2021 but no...

Quick update...
As of August, I am still waiting for my paper-filed 1040NR and refund to be processed. Mailed in 3rd week of January.
So at 6 months so far.
Just posting in case someone else also wonders, or in case someone else in similar situation had movement to report.

Is there any abnormal processing delays to process 1040NR income taxes from 2021 filed in 2022? I mailed my filing at end of January as usual, to the Austin, TX location. I've always had my refund by march. I still have nothing, and further yet I asked for a "tax account transcript" as of ...

Hello - I have a question on the same topic. In the past I've filed line 10400 using the amount in BOX 5 of my W-2 since it also includes the amount contributed to a 401K. However I've noticed that this Box 5 does NOT include an amount listed as "OTHER CAFE 125" in the "Gross Pay adju...

Hello First, thanks to all the knowledgeable people sharing knowledge here, I have not been posting much but reading from time to time and learned things that helped me. I am a Canadian citizen and resident, daily commuting to work in US for a US company. As such, I am filing a 1040NR form (I am mar...

Hi there! Looking for guidance regarding the change to Form 8833.

I am Canadian, commuting to the US. I have been declaring US taxes using "1040NR married filing separately"but invoking article XXV(4) and a "pro-forma 1040 married filing jointly" to adjust the rate of taxation for several years, using information found here.
(Thanks! Saved a lot over the years). I always used Form 8833 to explain how I came up with the new rate and attached the "pro-forma".

On the most recent 8833 form, there's a new question (#5) that I am afraid I am not sure how to answer correctly despite reading the mentioned article (English is not my first language)...

[i]Is the taxpayer disclosing a treaty-based return position for which reporting is specifically required pursuant to Regulations section 301.6114-1 (b)?.......................YES/NO

If “Yes,â€￾ enter the specific subsection(s) of Regulations section 301.6114-1(b) requiring reporting....[/i]

Here's a link to the article:
[url]http://www.law.cornell.edu/cfr/text/26/301.6114-1[/url]


Any guidance would be MUCH appreciated as always.

Nelsona: very informative answer. Thanks so much for your help.

You were right about the RRSP: it was done in a private plan and therefore not admissible.

I have been doing exactly what you describe at the end of your post.

Hi there. I am very grateful for all the good information I found in this forum over the past years. According to the US/CDN tax treaty changes, I understand that 401K and RRSP are now mutually recognized. I found good info on how to claim the 401K contributions when I do my taxes in Canada by searc...

Thanks Nelson. it is more clear now. Actually, I was in the process of writing my last post at the same time you were posting the link to the technical information, so I did not have it at the time. Sorry about the confusion. I see what you mean with the example they describe in the tech. info, wher...

Correct me if I am wrong, but the more I think about it, the more I believe that to correctly calculate the "effective Tax Rate" on the pro-forma 1040, it should be done as Eff. Tax Rate = Total Tax (line 61) / Adjusted gross income (line 37) Then, use this rate to change the value of Tota...

[quote="nelsona"]According to the technical explanation, it is method #2: line 43/line 44. Note that your pro forma cannot use the standard deduction, you must itemize. [/quote] Oups.. The last 2 years, I used method 1 for the calculation of the "Effective Tax Rate" (such as disp...

Same boat here: limited on RRSP that can help reduce my taxes in Canada. Therefore, for the coming years I plan on taking the mimimum amount of RRSP req to avoid paying additional taxes in Canada and using any further available funds to pay down my mortgage. That should keep me 'busy' for a while......

Found more details information about how to compute the amount to put in line 216. See page 16 of CRA document "Pension Adjustment Guide" found here: http://www.cra-arc.gc.ca/E/pub/tg/t4084/t4084-e.pdf The 10% method is easy to understand. The logic behind the alternative calculation using...

Well After investigating further, I find this in the instruction for the T1: Line 206 - Pension adjustment [[[Enter on line 206 the total of all amounts in box 52 of your T4 slips, or box 34 of your T4A slips. {...} Note If you live in Canada and you participated in a foreign pension plan in 200(X),...

I did not make the mistake to under-report. It is more like telly thought: - I always declared to CRA my full US income including my 401K contributions. From the W-2, I used the amount of "social security wages" from the W-2 which includes 401K contributions; - I believe the box "reti...