Search found 21 matches

by fordtaurus
Mon Apr 15, 2013 11:46 pm
Forum: Canada / United States Tax & Accounting
Topic: Filed 8891 for 2009, chose "defer", forgot to file
Replies: 5
Views: 3773

lol, thanks

The first year I did it by myself, thank you and lots of folks here.

The second year, I thought it should be easier so I used HRBlockhead software.:oops:

[quote="nelsona"]Correct. You were lucky you did not use HRBlockhead for first year.[/quote]
by fordtaurus
Sun Apr 14, 2013 2:57 pm
Forum: Canada / United States Tax & Accounting
Topic: Filed 8891 for 2009, chose "defer", forgot to file
Replies: 5
Views: 3773

Thanks Nelson For 2009, I have made election on 8891, so I am ok, right? If so, for 2010, 2011, I only need to select yes in 6a and put 2009 in 6b, right? Also, I did not make any withdraw, 7a and 7b should be both 0 even my balance did grow, correct? Appreciate your help. [quote="nelsona"...
by fordtaurus
Sat Apr 13, 2013 5:03 pm
Forum: Canada / United States Tax & Accounting
Topic: Filed 8891 for 2009, chose "defer", forgot to file
Replies: 5
Views: 3773

BTW, for back filing, do I need to put the growth of my RRSP account in line 7a?

Thanks
by fordtaurus
Sat Apr 13, 2013 4:03 pm
Forum: Canada / United States Tax & Accounting
Topic: Filed 8891 for 2009, chose "defer", forgot to file
Replies: 5
Views: 3773

Filed 8891 for 2009, chose "defer", forgot to file

:( Question: I filed 8891 for tax year 2009, my first year in US. Very simple, chose defer by 6a: NO 6c: Checked 7a: 0 7b: 0 8: the amount However, I used H&R Block software for tax year 2010, 2011 and 2012, and the software worked fine except there's no form 8891 and I totally forgot about it. ...
by fordtaurus
Mon Apr 11, 2011 8:24 pm
Forum: Canada / United States Tax & Accounting
Topic: TN status Canadian reports small amount of Canadian income
Replies: 1
Views: 1964

Anybody? Mighty nelsona, would you please help? Thanks :D
by fordtaurus
Sun Apr 10, 2011 1:32 pm
Forum: Canada / United States Tax & Accounting
Topic: TN status Canadian reports small amount of Canadian income
Replies: 1
Views: 1964

TN status Canadian reports small amount of Canadian income

I've asked this question before but forgot to ask where should I report. Basically it's a two days trip back to Canada, helped a company on a small project and got paid less than $2000. Should I report this * on Schedule C as self-employed * or Line 21 on 1040? If I use Schedule C to report, then my...
by fordtaurus
Sun Jan 09, 2011 7:33 pm
Forum: Canada / United States Tax & Accounting
Topic: Worked 2 days in Canada, got some Canadian source income..
Replies: 2
Views: 2254

Thanks Nelsona. They mailed me a check (or Cheque :P ) without withholding . Yes, it's just a two days temporary project. So even I was physically in Canada while working I still do not need to report on Canada side? That's great, a lot simpler. Thanks.
by fordtaurus
Sat Jan 08, 2011 8:46 pm
Forum: Canada / United States Tax & Accounting
Topic: Worked 2 days in Canada, got some Canadian source income..
Replies: 2
Views: 2254

Worked 2 days in Canada, got some Canadian source income..

Hi, I am a TN status Engineer working in US. Last year, I went up north in Vancouver and kinda did my ex-boss a favor, worked over a weekend and got paid around $1500. This is my only Canadian source income, well, maybe some RBC saving account interest, still waiting for bank's T5. How should I file...
by fordtaurus
Wed Oct 06, 2010 5:42 pm
Forum: Canada / United States Tax & Accounting
Topic: 1116 and 2555 question. Thanks
Replies: 9
Views: 7416

Thanks Nelsona, I will give it a try tonight.

Really really appreciate your help! Have a good day.
by fordtaurus
Wed Oct 06, 2010 2:15 pm
Forum: Canada / United States Tax & Accounting
Topic: 1116 and 2555 question. Thanks
Replies: 9
Views: 7416

[quote="nelsona"]What you should look at is the tax you would pay if you file MFS, that is your only other choice.[/quote]

Or like you said, I can report all world income. Where should I report my Canadian income? on 1040? Thanks
by fordtaurus
Wed Oct 06, 2010 1:45 pm
Forum: Canada / United States Tax & Accounting
Topic: 1116 and 2555 question. Thanks
Replies: 9
Views: 7416

[quote="nelsona"]I don't answer software questions. However unless you report your TOTAL world income, you cannot file a joint tax return, so you are probably better off reporting your Cdn income, and then claiming the exclusion on 2555 for both your wages. The 2555 instructions will tell ...
by fordtaurus
Wed Oct 06, 2010 1:36 pm
Forum: Canada / United States Tax & Accounting
Topic: T1161 penalty and VDP
Replies: 17
Views: 25189

[quote="nelsona"]RRSPs are excluded from this reporting. But please look over any other requirements in the emigrants guide to be sure you are meeting these.[/quote] Thanks. I did not read the form correctly, it says "not including the following properties" and I read "inclu...
by fordtaurus
Wed Oct 06, 2010 1:16 pm
Forum: Canada / United States Tax & Accounting
Topic: 1116 and 2555 question. Thanks
Replies: 9
Views: 7416

1116 and 2555 question. Thanks

Hi, Nelsona I filed extension so now my new deadline to file US tax is approaching. I have filed Canadian tax return (I have a question about T1161 in another thread). Yes, I am lazy. Well, actually I have had most part done already. I am using H&R Block software. I filed NR73, and CRA said my d...
by fordtaurus
Wed Oct 06, 2010 12:55 pm
Forum: Canada / United States Tax & Accounting
Topic: T1161 penalty and VDP
Replies: 17
Views: 25189

what? I did not file this form. My wife and myself both have more than $25k RRSP in Scotiaband, do I need to file this form? Our departure date was July 1st 2009.

Thanks a lot.
by fordtaurus
Tue Mar 02, 2010 1:16 pm
Forum: Canada / United States Tax & Accounting
Topic: Does RRSP allowable contribution include 401K contribution ?
Replies: 8
Views: 6650

[quote="nelsona"]If you did not spend weekends in Canada, it is pretty well established that your US residency started when you moved to US and started working. If that was the case, you were not commuting, you were residing in US and meet the treaty definition of US resident. You and your...