Serbinski Accounting Firms

I'm a Canadian citizen in the US on an E2 visa. I am planning a 3-1/2 week trip to Canada and then on to the UK (direct flight but stopping in the US), then back again the same way. On the back of my I-94 it says that I must surrender it when leaving the US. Does this also include temporary absences...

I looked it over and I'll be fine. The only ties I have left in Canada are my bank accounts and driver's licence, but that's temporary. There won't be much tax due on the gains in the RRSP, as they were just sitting in cash and generating a miniscule amount of interest. There will maybe be $100 in i...

I just moved to the US on an E2 visa, a little over a month ago. Since I will be living here for the foreseeable future, I am going to cash in all my RRSPs (approximately value is C$135,000). I will be instructing my brokerage (Royal Bank Action Direct) that I am a nonresident so that they withhold ...

I was in the US over Christmas and left on January 3rd (vacation). Then I arrived here on Feb 28th (as a resident). So using the 10 day extension is probably not an option for me. WRT being considered a US resident for <b>all</b> of 2005 for tax purposes, I thought I only had that option if I marrie...

In looking briefly through the IRS guides available online, I came across the following: ----------- Dual-Status Aliens You can be both a nonresident alien and a resident alien during the same tax year. This usually occurs in the year you arrive in or depart from the United States. Aliens who have d...

Hmmm, does not seem right that I have to pay US tax on something that has nothing to do with US employment... if my company had given me this info a couple of weeks ago, while I was still a Canadian resident, then I wouldn't have to pay US tax... but now I do? That seems kooky. US income *should* be...

Hello again, I have now moved down to the US, and I just received from the company I worked for in Canada a letter asking me to decide how I want my pension benefits paid out. I have two options: 1. Receive the benefit in cash, subject to a 20% withholding tax. 2. Transfer the benefit to a non locke...

Thank you for your replies. I am still here (leaving on Monday). FYI, I am a BC resident. It doesn't look like I can even claim 1/6 of the basic personal exemption... I found the following info: --------- Non-residents - You can claim the following non-refundable tax credits if they apply to you: [o...

I read through many of the posts on RRSPs on the old Grasmick forum and here, and although things are clearer, I still have some questions. I am a Canadian citizen, moving to the US in a few days on an E2 visa, so I will be a US resident but not a US citizen (though the latter could change in the fu...