Search found 12 matches
- Thu Apr 03, 2014 8:56 pm
- Forum: Canada / United States Tax & Accounting
- Topic: Filing needs for RESP from grandparents
- Replies: 3
- Views: 3633
Hi Nelson, I've been trying to sort this out with my father in law and quite upset with him over this. I feel like this a bit like Dear Abbey. Sorry about that you've been most helpful to all of us in these forums. Right now we are in a big disagreement I need some impartial expertise to help naviga...
- Fri Aug 23, 2013 7:48 am
- Forum: Canada / United States Tax & Accounting
- Topic: Dual Citizen Son going to Grad School in Canada
- Replies: 2
- Views: 2578
- Wed Aug 21, 2013 7:55 am
- Forum: Canada / United States Tax & Accounting
- Topic: Dual Citizen Son going to Grad School in Canada
- Replies: 2
- Views: 2578
Dual Citizen Son going to Grad School in Canada
My Son has been accepted into grad school in Canada (2yr program) and he has Canadian and US Citizenship. His permanent address is in the USA, but he will be out of the country for more than 180 days. He is also getting a scholarship from the school for ~$6000/yr and he would like to work part time ...
- Wed Aug 07, 2013 4:58 pm
- Forum: Canada / United States Tax & Accounting
- Topic: Filing needs for RESP from grandparents
- Replies: 3
- Views: 3633
- Wed Aug 07, 2013 8:07 am
- Forum: Canada / United States Tax & Accounting
- Topic: Filing needs for RESP from grandparents
- Replies: 3
- Views: 3633
Filing needs for RESP from grandparents
I'm hoping I can get some assistance on an RESP windup. I'm not sure what to do... My father in law circa 2005 opened an RESP in his name with my son as beneficiary. Since my son was living in the US the RESP govt grants were repaid as we were ineligible to use them as a USA resident. Over 2011-2012...
- Tue Jul 30, 2013 2:17 pm
- Forum: Business & Personal Immigration to Canada
- Topic: Dual Citizen Son going to grad school in Canada
- Replies: 1
- Views: 16724
Dual Citizen Son going to grad school in Canada
My Son has been accepted into grad school in Canada (2yr program) and he has Canadian and US Citzenship. His permanent address is in the USA, but he will be out of the country for more than 180 days. He is also getting a scholarship from the school for ~$6000/yr and he would like to work part time t...
- Tue Dec 15, 2009 12:31 pm
- Forum: Canada / United States Tax & Accounting
- Topic: Tax Treaty info - deemed disposition tax after 10yrs nosale
- Replies: 2
- Views: 2762
Tax Treaty info - deemed disposition tax after 10yrs nosale
Hi I was talking to a member at CRA yesterday about my deemed disposition and what happens after 10years since departure to the taxes if I had not sold the assets. The fellow was unaware of the 10year treaty and was saying I'd still owe taxes...so I'd like to know where could I find more detail abou...
- Tue Jul 21, 2009 7:31 pm
- Forum: Canada / United States Tax & Accounting
- Topic: Deemed disposition and share delisting due to bankruptcy
- Replies: 4
- Views: 4531
- Mon Jul 20, 2009 8:54 am
- Forum: Canada / United States Tax & Accounting
- Topic: Deemed disposition and share delisting due to bankruptcy
- Replies: 4
- Views: 4531
Deemed disposition and share delisting due to bankruptcy
I'm a permanent resident with Nortel shares that had a large deemed disposition from 2000 when we moved to the USA. Nortel has declared bankruptcy and has recently delisted shares. They do not expect the shares to have any value after the process finishes. As I didn't sell the share, but they are be...
- Mon Apr 07, 2008 5:14 pm
- Forum: Canada / United States Tax & Accounting
- Topic: Deemed disposition at departure with subsequent value losses
- Replies: 6
- Views: 5113
- Sun Apr 06, 2008 1:26 pm
- Forum: Canada / United States Tax & Accounting
- Topic: Deemed disposition at departure with subsequent value losses
- Replies: 6
- Views: 5113
Deemed disposition at departure with subsequent value losses
When I moved to the US I elected to defer tax payment on assets deemed disposed at departure hoping they'd appreciate. Boy I was wrong...I still hold the assets which have lost most of their value such that selling them won't even pay the deemed taxes. Recently one of the mutual funds I had was woun...
- Sun Apr 06, 2008 1:13 pm
- Forum: Canada / United States Tax & Accounting
- Topic: RESP withdrawl reporting
- Replies: 1
- Views: 2401
RESP withdrawl reporting
Hi, I'm a newbie here and glad to have found this forum.:D I'm a green card holder with my daughter just into university here in the US. She has an RESP account that we withdrew some of the funds from to cover expenses related to her fall'07 semester. I've been reporting the RESP gains on my tax ret...