Serbinski Accounting Firms

1+1/3+1/6 formula for SPT requires 123 days per year ito complete equivalent 183 days in US to be a tax resident.

Thanks

After retirement, I plan to live in 3 countries as follows. In own homes in each of these countries and passive incomes in each of the 3 countries.

1) Canada- 160 days
2) US- 125 days
3) India- 80 days

I am eligible medicare due to more than 10 years of service. Currently, I work in US and pay ...

Sorry I was not clear enough. I understand that once I complete 40 QC then WEP kicks in but it makes me eligible for medicare even if live in US for max 6 months

Also by just completing 40 QC, I may lose 90%- 40%= 50 % of first bend point which is say $ 500 max from social security.

My interest is ...

Thank you.
I am exploring the option of what happens if I complete 40 credits but do not take green card.

Having completed over 40 QC would make social security and medicare available while I am in US for 6 months.

I have own residence in Canada where I can stay for 3 months and would be willing ...

Does any of the two eligibility- Canadian employer pension or CPP affect SS payment?
If yes for Canadian employer pension only, does applying to Social Security using the SSA 2490-BK Application for Benefits under a US International Social Security Agreement- a way around?

I had informed my Canadian bank of my US address. I expected bank to withhold 25% tax on interest income. However bank sent me interest statement without withholding tax.

I file only rental property income tax return to CRA. I do not think, you can report any other income on it. How do I pay tax on ...

H1B visa holder with no green card process started is marrying a Canadian citizen. Is it possible to continue to work in US border state and commute daily from Canada?

If at all somebody wants to return to Canada after becoming non resident, I have read on this web site forums that there is a benefit of not returning within 5 years. It has got to do something with CRA's 10 year rule. I have read it but not able to understand clearly understand its significance ...

How many months in advance can I visit to border with employer letter to renew 3 year TN visa?

Is it same as 6 months in advance similar to renewal by mailing?

Thanks

Please ignore the word property in my earlier response.

When I left Canada, I give below what I did for my rental property taxes.

1) Within 45 days of leaving Canada, I called CRA Non resident office to set up a non resident account for rental tax payment. This avoided late penalty.

2) I paid 25 % of gross rental income as tax. At the end of the year ...

FBAR is about foreign financial accounts for which you have signing authority.

So for any reason, if total of all foreign account balance in your accounts exceeds 10K then need to report all accounts every year.

Here is a link for IRS approved agents in Canada for ITIN related or passport copy notorizing while in Canada.

http://www.irs.gov/individuals/article/ ... 39,00.html

In my case, it took 8 weeks in my case for 2010-216 tax return to be posted on CRA website under "My account" and within 3 weeks after that, I got refund deposited in the bank.

CRA rep who answer the phone look at the same information which you see online. Therefore, they donot have any additional ...

I have net positive rental tax paid for 2010 on 216 return which I need to make a decision on for 1040.

1) I have read that I cannot take credit on 1116 for 216 rental tax on 1040. Is that correct? Can I take deduction similar to I do for US home property tax or mortgage interest even though my net ...