Search found 2 matches

by php_acc
Tue Jul 30, 2024 3:09 pm
Forum: Canada / United States Tax & Accounting
Topic: Moved To the US in 2023 without closing TFSAs
Replies: 5
Views: 3203

Re: Moved To the US in 2023 without closing TFSAs

I'm actually in need of that as well. I am in the process of selling all the positions in my TFSAs and move the cash to the US. To make sure, for 2025 the taxes are clean. I just want to make sure there is nothing else I need to be aware of before selling everything and I only need to report the cap...
by php_acc
Mon Jul 29, 2024 12:01 pm
Forum: Canada / United States Tax & Accounting
Topic: Moved To the US in 2023 without closing TFSAs
Replies: 5
Views: 3203

Moved To the US in 2023 without closing TFSAs

Hi there, I moved to the US in September 2023 (last year). At the time, the advisor that I talked to didn't give me proper advise and I didn't know about the whole complication around TFSA accounts, so I left without touching them. Later on, I realized about the whole complication. I was so stressed...