Search found 3 matches

by Al
Sun Mar 09, 2008 2:43 pm
Forum: Canada / United States Tax & Accounting
Topic: Foreign Tax Credit Form 1116
Replies: 5
Views: 4286

Serbinski completed the TD F 90-22.1 and 8891 for 2000-2005. I guess you can only go back 5 years. Doing this made me current with the IRS along with a letter explaining I didn't realize I was suppose to report a RRSP foreign held account. I did the forms for 2006 and gave to my accounting service f...
by Al
Fri Mar 07, 2008 9:36 pm
Forum: Canada / United States Tax & Accounting
Topic: Foreign Tax Credit Form 1116
Replies: 5
Views: 4286

I do not intend to have Serbinski do my return or form 1116. I thought the forum would be helpful to understand how the tax credit carryover is calculated and how it gets carried over from year to year. Can the tax credit be used for the taxes I need to pay for widowed pension income from Canada ?
by Al
Thu Mar 06, 2008 10:14 pm
Forum: Canada / United States Tax & Accounting
Topic: Foreign Tax Credit Form 1116
Replies: 5
Views: 4286

Foreign Tax Credit Form 1116

This form is so confusing and from reading questions in your forum, I'm not the only one who's confused. The instructions and publication 514 isn't helping me....I am so "green" with this form. I am American and was married to a Canadian, we lived in Canada and we then moved to the US and ...