Serbinski Accounting Firms

Hello
I'm a green card holder that would like to transfer Canadian funds in Vancouver to my bank in Seattle. This is NOT income or an RRSP. This was money already earned before moving to the US. It has been collecting interest in a term deposit, and I have been declaring the interest each year to ...

Thank you Nelson.
L

Hello
My US Tax Return needs to be amended. Form 8891 "US Information Return for Beneficiaries of Certain Canadian Registered Retirement Plans" was filed incorrectly .Which box on form 1040X "Amended US Individual Income Tax Return"
applies to this sort of amendment? Does this sort of amendment ...

Hi Carson
8891's complete. Since they were submitted incorrectly, I am looking to amend my return. None of the categories seems to fit the description of this type of amendment. ANy suggestions on how to address this on the "1040X Amended Individual Income Tax Return" form?

Just when you thought ...

I am such a PUTZ.
I really am Not that SLOW.

Embarassed, but thanks
L

Except that i checked the Beneficiary box. answered "no" to 6a, and checked the box at 6c......so I do have to put something. I am actually making the election for the first time on this form.

L

Dear Carson
One final question about the 8891. In line 10 under "Undistributed earnings of the plan during the year" it asks under (a) for interest income. Does that apply? My Plan Custodian informs me since no earnings are taxable until withdrawn this is N/A. Is this informatiom correct?

Cheers. I ...

Thank you very much Carson. Have a great day.

One more question re 8891. If I have more than one "Plan Custodian" do i fill out a new form for each?

Thanks again

I just didn't sare to think it was going to be that easy.....

Could someone tell me where I need to go to elect under Article XVII (7) to defer US income tax on undistributed earnings. This is directly to do with RRSP's and the filling out of form 8891.

thanks

Hello. I recently moved to the US from Canada on a K1 Visa, and when I contacted the Canadian Revenue Agency to change my address they asked if I was a resident of the US for tax purposes. I have not yet received my Adjustment of Status or my Employment Authorization, so would the answer to this ...