Serbinski Accounting Firms

Hmmm... URL's seem to have been turned off from the a href tag. Here are those links:
http://wiki.answers.com/Q/Does_a_Canadian_citizen_with_green_card_living_in_US_need_a_US_or_Canadian_passport_to_travel_to_Canada

http://www.cbp.gov/xp/cgov/travel/vacation/ready_set_go/air_travel/documents_needed ...

Apologies if this is not the right forum, but this seems to best fit here.

I'm a Canadian living in the US with a GC. I intend to vacation in Canada. My return date to the US happens to be just a few days before my Canadian passport expires.

Now, I know (or heard) that with certain countries, they ...

This page contains the requirements:
https://www.irs.ustreas.gov/newsroom/article/0,,id=168194,00.html

At the bottom of that page is an email address to get further information. They were extremely quick to reply, almost as fast as Nelson. Here was her reply:


[quote]
If the account is set up like ...

Thanks for the replies. I think Nelson hits the nail on the head:

http://taxes.about.com/od/preparingyourtaxes/a/TDF90221.htm

[quote] "Generally, a right to a pension from an employer would not be reportable because all the employee has is an agreement from the employer to pay a pension. The ...

I left Canada several years ago, have reported my RRSP since on the TDF 90-22.1, including a defined benefit plan (my former Canadian employer's pension plan).

In 2005, I closed the last of my RRSP accounts (and submitted the final 8891 for it).

My defined benefit plan is still active.

My ...

A blast from the past:

http://www.grasmick.com/board/?topic=topic2&msg=6242

The Rev. Proc indicates that distributions from plans which have benefitted from deferral, are indeed considered pension/annuities.

It is unclear that if one NEVER uses the rev proc, whether IRS will accept that the ...

By the way, I appreciate the assistance by all.

You cannot use your previous cap losses as a credit on this years 1040. You would have had to be reporting these on your previous 1040s all along.

Luckily, TurboTax keeps track of all that for me, all these years. It's carried forward on every return. So, it's there for me.


Besides, as you say ...

When you fill out the "fake" 1099-R, put zero in the "Federal Tax Withheld" amount in Box 4. This clearly relates to US Federal, which is the problem I was having.

As for Credit or Deduction, you should try it both ways. In my case, the credit works out to being 700$ better.

***

I'm still looking ...

I had another thought on the matter. I'm still carrying substantial capital losses (more than 10K) from the bubble years. Couldn't I elect to treat my RRSP as regular capital gains?

Or, is it because I elected to file under 8935, 2002-23, 8891 means I can't do that? Perhaps, if I decide to not file ...

I looked at the result from the Turbo Tax, doing it as I'm doing it, and removing the RRSP altogether. Here's the difference:

My income increased by 17,000$ with the RRSP as expected, making my tax obligation increase by 4000$. I get a 2000$ 1116 tax credit, making my extra tax obligation 2000 ...

Here's some links I found. It's at odds with what I've read here about "General limitation". I'll keep poking.

This post is intended primarily for those filing through Turbo Tax. Any help is appreciated.

I've been following all the threads, and I think I know what to do. But, Turbo Tax sure makes it tough on me. I'm ending up with an extra 5000$ of refund I don't think I deserve.

Here's my sitiuation: when ...