Search found 15 matches
- Fri Jul 04, 2008 12:03 am
- Forum: Business & Personal Immigration to the United States
- Topic: On H1B and got fired.
- Replies: 9
- Views: 9776
- Thu May 29, 2008 3:10 pm
- Forum: Canada / United States Tax & Accounting
- Topic: form 8621 and Canadian mutual funds
- Replies: 8
- Views: 8813
1) Ok, after reading JohnSt's first two links again, I think I understand a little bit better. It seems that the form is, in part, for ensuring that UNdistributed income is taxed in the year it's earned. So does this mean that if you own a fund that distributes your income yearly, there's no deferre...
- Thu May 29, 2008 11:35 am
- Forum: Canada / United States Tax & Accounting
- Topic: form 8621 and Canadian mutual funds
- Replies: 8
- Views: 8813
- Thu May 29, 2008 11:28 am
- Forum: Canada / United States Tax & Accounting
- Topic: form 8621 and Canadian mutual funds
- Replies: 8
- Views: 8813
- Thu May 29, 2008 1:38 am
- Forum: Canada / United States Tax & Accounting
- Topic: form 8621 and Canadian mutual funds
- Replies: 8
- Views: 8813
form 8621 and Canadian mutual funds
Is it necessary to file form 8621 if, as a US resident (1040 filer), I owned Canadian mutual fund shares? I've read conflicting things on other sites (one saying that all Canadian mutual funds fall under this form and another saying that mutual funds don't count as the kind of company this form appl...
- Thu May 29, 2008 1:26 am
- Forum: Canada / United States Tax & Accounting
- Topic: trusts
- Replies: 3
- Views: 3277
- Thu May 29, 2008 1:25 am
- Forum: Canada / United States Tax & Accounting
- Topic: trusts
- Replies: 3
- Views: 3277
- Wed May 28, 2008 7:14 pm
- Forum: Canada / United States Tax & Accounting
- Topic: trusts
- Replies: 3
- Views: 3277
trusts
I have some money in a money market fund with RBC Securities and noticed that the T3 they sent says its a "statement of trust income allocations." (They seem to be referring to the fund as a trust.) Is this the kind of "trust" that the IRS means when it asks if you have a stake i...
- Tue May 27, 2008 4:21 pm
- Forum: Canada / United States Tax & Accounting
- Topic: Quick Question 8891
- Replies: 5
- Views: 5096
Does the above response also apply to the question about foreign trusts (#8) on 1040 sched B and/or to form 3250? Some of the language in the isntructions for form 3250 left me a bit unclear on it. My Canadian mother has me and one of my siblings listed as beneficiaries of her RRSP, meaning we don't...
- Wed Mar 19, 2008 6:18 pm
- Forum: Business & Personal Immigration to the United States
- Topic: H1-B and accidental 1099
- Replies: 7
- Views: 7734
- Wed Mar 19, 2008 2:36 pm
- Forum: Business & Personal Immigration to the United States
- Topic: H1-B and accidental 1099
- Replies: 7
- Views: 7734
- Wed Mar 19, 2008 1:36 am
- Forum: Business & Personal Immigration to the United States
- Topic: H1-B and accidental 1099
- Replies: 7
- Views: 7734
H1-B and accidental 1099
I'm Canadian and worked in US from 2004-2006 on an H1-B. In 2005, I attended a series of work-related workshops for which I received money (less than $1000) from the organization that sponsored the workshops (not my H1B employer.) It didn't occur to me at the time that this was an "employment&q...
- Mon Mar 03, 2008 6:02 am
- Forum: Canada / United States Tax & Accounting
- Topic: tuition credit
- Replies: 1
- Views: 1885
- Mon Mar 03, 2008 5:28 am
- Forum: Canada / United States Tax & Accounting
- Topic: tuition credit
- Replies: 1
- Views: 1885
tuition credit
Thanks for your help with my last question, Nelsona. After telling my sister about you and this forum I have another one. She goes to university in US, but is Can. tax resident. Her school gives her free tuition (calls it a 'tuition fellowship' but basically the school pays itself; it doesn't give h...
- Sun Mar 02, 2008 1:30 am
- Forum: Canada / United States Tax & Accounting
- Topic: mistaken 1040A
- Replies: 1
- Views: 1816
mistaken 1040A
I worked in US for 2004-2006, as a resident. Returned to Canada in 2007. In 2006 I opened a bank account in Canada, greater than US $10,000. A tax-preparer did my returns in the US and in '06 he used a 1040A. I only discovered this was wrong last week when I was doing my '07 taxes and came across th...