Search found 2 matches

by chipanddale
Mon Apr 28, 2008 5:29 pm
Forum: Canada / United States Tax & Accounting
Topic: US NRA filing - Proper paperwork advise
Replies: 3
Views: 2760

NRA brokarage accounts and lump sum severance

Thank you for reply, nelsona. Help me out with few more questions. 1) I'll be happy to get severance before I leave US, but my employer only gives salary continuation, not a lump sum. They said they are under Section 409A, that prevents them from giving a lump sum. I was trying to get some explanati...
by chipanddale
Mon Apr 28, 2008 12:11 am
Forum: Canada / United States Tax & Accounting
Topic: US NRA filing - Proper paperwork advise
Replies: 3
Views: 2760

US NRA filing - Proper paperwork advise

I am Canadian and has been US tax resident for few years (not a citizen, nor GC holder). I am planning to be NRA from May of this year. As NRA, I will still have income in US from banks and brokerage house. I am planning to leave 401K with my former employer as well. In addition I will receive salar...