Search found 4 matches

by dac
Wed Dec 13, 2006 8:55 pm
Forum: Canada / United States Tax & Accounting
Topic: Stock Losses in US carried over to Canada
Replies: 12
Views: 10859

Thank you Mark and nelsona for the replies. I still have two questions. 1) I understand that I do not need to file any US 1040s after I moved here even though I sold those stocks in a US brokerage? Am I correct? BTW, all of them are losses. 2) How do I tell IRS that I do not need to file US 1040s si...
by dac
Tue Dec 12, 2006 8:44 pm
Forum: Canada / United States Tax & Accounting
Topic: Stock Losses in US carried over to Canada
Replies: 12
Views: 10859

Thank You

I will contact Mark to correct my Canadian Taxes. I understand that I do not need to file any US 1040s after I moved here even though I sold those stocks in a US brokerage? Am I correct? How do I tell IRS that I do not need to file US 1040s since I am filing in Canada. IRS asked me to file US taxes ...
by dac
Fri Dec 08, 2006 8:28 pm
Forum: Canada / United States Tax & Accounting
Topic: Stock Losses in US carried over to Canada
Replies: 12
Views: 10859

Thank you for the reply. I have filed a couple of years in Canada without including the losses in Canada. Is it possible to correct that?

If so, do I contact you or Mark?

Thanks

David.
by dac
Fri Dec 08, 2006 12:50 pm
Forum: Canada / United States Tax & Accounting
Topic: Stock Losses in US carried over to Canada
Replies: 12
Views: 10859

Stock Losses in US carried over to Canada

Here is my situation. I moved from the US to Canada. I have stock losses accumulated while I was in the US and some after I came to Canada. Where would I account for it? 3 different scenarios, all transacted in US brokerages. 1) Bought in the US and Sold before I came to Canda in the year I came to ...