Serbinski Accounting Firms

Sorry for not being clear. My question was about form 1116 on the US tax return. It was my understanding that I can only carry forward in the years that I have some canadian income (passive or active) and pay taxes to Canada. If I don't need to pay anything to Canada, then I can't carry forward this...

one other question, since I don't file cdn return for 2008, I won't be able to carry forward a portion of my foreign tax credit that was unused in 2007 due to income limitations, correct?

Thanks. I marked all my cdn accounts as non-resident in August'08 even though I departed early 2007. Is it OK?

Yes, I did file a departure tax return for 2007 tax year. Just to make sure I don't need to file anything with Canada and I don't need to pay any taxes to them even though I received Canadian source interest income? I convert it to US dollars and report on 1040, right? Thanks for your help.

Canadian living/working in US with green card . I know what needs to be done on US tax return but I need help with Canadian return. I had no Canadian work income in 2008 but received T5 interest statement from my savings account (I changed the residency with my bank but it was too late for the inter...