Serbinski Accounting Firms

Anybody has any thoughts?

Found answers to my questions on the forum. Nelsona advising value of home at purchse date exchange rate and submission of 1040 NR and Schedule E. However, under Schedule E depreciation can be taken over 27.5 years? Also Form 6198 is confusing to understand at risk assets and passive risk assets? Is...

As a Canadian owning a house, working in Canada and with family here I bought a Florida condo in June 2009 for US Dollars 85,000. My questions are: Since the equivalent Canadian Dollar amount at the CRA exchange rate as at Dec. 31, 2009 is less tha CAD100,000 I do not have to "check" the i...

[quote="nelsona"]http://forums.serbinski.com/viewtopic.php?p=14073#14073[/quote]

I got your views on a similar post so don't bother and be on your hiatus.

I hope you have accepted my apology.

I should asked this question much earlier but in view of the short time may I humbly request clarification (please do not perceive as persitence here but anxiety to do it right).

[quote="nelsona"]See, I was willing to answer your questions, and in fact I have, but your persistence has resulted in my ending this thread.[/quote]

Apologise if I have offended you Nelsona.
San

Mr. Nelson:

Kindly advise if he could just mail in 1040 full-year in the US and T1 to CRA with departure date as July 26, 2008 and state of residence as at Dec. 31, 2008 as California, USA.

San

[quote="nelsona"]You still didn't say where he went in 2007-08. Yes he can file 1040 full-year because he is Cdn.[/quote] He went to India to learn music between November 15, 2007 and April 15, 2008. Is the test of sunstantive presence (183 days) not important for determing status as resid...

Forgot to ask:

He has been in the US for 159 days in 2008 and as such does not meet the Sunstantial Presence Test. Can he use a full year 1040?

Tahnks.

San

Sorry for not being clear. He worked in Burnaby until Oct. 31/07 and then quit the job. He left Canada Nov. 15, 2007 to learn music and returned to Canada on April 15, 2008. Got a job in California and left on July 26, 2008 on TN. He filed his T1 for 2007. In 2009 he changed his address online with ...

Good morning. New member here. Have an urgent question for my son who is single: He is on TN since July 26, 2008. He was in Canada for 102 days in 2008 with no income (he left Canada on Vov. 15, 2007 and returned April 15, 2008). He has recorded with his bank (no income earning accounts) that he is ...