Serbinski Accounting Firms

Not very good news. generally, the IRS accepts such back-filing. I do not know why they would not in your case. However, I would point out that for 2001,2 and 3, you probably should not have used form 8891, but rather a free-from statemnet which would comply with Rev proc 2002-23. That may be the is...

You will file your 2007 return next spring, like everyone else. Read the Emigrants guide yet? There are many thrads on RRSP. Look for form 8891 threads. Ultimately, you will be taxable on the growth of your RRSP after you move to US. So, you want to incur as much of it as possible BEFORE moving, whi...

With foreign tax credits, there is very litle that is 'double-taxed'. What you may be thinking about is having to report your US income (which will be taxed in US) on a Cdn tax return. To avoid this, you need to move to US, preferably, but nt necessarily with your spouse. Little else need be done. Y...

Indeed the additional child tax credit could still be obtained if one used FEIE, so long as the wages exceeded thelimit, which in your case they did. It is based on joint information, so oncoe is combined. As an aside, many in 2006 found that if one has wages exceeding FEIE limit, means one odes not...

The purpose of this is to determine whther you are eligible for the full 'personal ammount credit' or a pro-rated amount. This is known as schedule A. You are only eligible for the pro-rated amount since you are not including your US wages on your actual return. So whether you fill it or not will no...

I agree. If your wife was WORKING in US, and becoming taxable there, I think a different conclusion may need to be reached. Remember to keep track of any moving expenses, to write off against her income. Scholarship taxation is changing in Canada (for the better), so watch for any new regs. In the U...

To break Cdn residency, you need to establish tax residency elsewhere, so that might save you from being declared non-resident by CRA. You definitely have a unique situation, especially because your wife is a student. If she was going down to US for work, or even as a tourist, she would become resid...

You ARE a non-resident of Canada, by your actions. As to your wife, didn't you say that she will be getting scholarship. That is considered income both by Canadian and US definition. As to your Vietnamese income tax, do you know what the compny is doing tax-wise? Any tax they are paying is considere...

Your best investment is likely your home. It will grow tax-free. Your RRSP will do the important job of lowering your Cdn taxrate, which should be your primary concern right now. Same for company pensions. An IRA at this point will not reduce your taxes, so is of little value. When you return to US,...

First off, your BC pension IS taxable in US, and has been since you were in US. You report it as income on your 1040 and take credit for any Cdn tax you paid. Whomever suggested to you that it was not reportable in US was incorrect. The fact that 15% tax is withheld in Canada simply means that you d...

This one is a bit tricky. I'll try to peel the onion a bit. First, your wife: By being a student, she technically is NOT becoming a US tax resident, so she can simply choose to continue to be taxed in canada on her world income, and in US on her US-sourced income ONLY. Likely she would face little i...

Probably

The return will be forwarded to Intl.

Don't expect any response before Aug/Sept. Intl returns are done last.

That sounds correct. While, technically, the old RP 02-2003, which is supposed to govern the use of 8891, stated that even a statement had to be provided yearly even old RRSP which was rolled over into a new one, this has never made much sense. I would do as you outlined. As you said, The rollover i...

Yes. Be aware that some brokers won't deal with clients with Cdn adress.