Serbinski Accounting Firms

I just noticed that the instructions for the 2555 (foreign income exclusion) form state that you can only file this if you don't have moving expenses. I am unclear about this. The 1040 permits a deduction of moving expenses. Does this mean that I cannot claim this deduction from the 1040 if I am fil...

If we mean a full calendar year, then only prior to June 2004, before I moved to the US. If the 365 day period can be from April 2006 until April 2007, then yes. If I tried to satisfy the PPT only within 2006 and not include 2007 months, then I'd say no. So, if they don't care about a full year bein...

One more clarification: If I returned to Canada on April 11, 2006, I will be able to file the 2555 to exclude the Cdn income now? Or do I need to file an extension? I was unsure if the PPT covered a consecutive 330 day period within 2006 and 2007 years.

Thanks for your reply. So, I could file a 1040 for the full year and exclude the Cdn wages with the 2555? Is it correct that the 2555 is only for US residents and therefore a 1040NR couldn't be filed? I just wondered if the 1042-S pension distribution which is for aliens might mean I ought to file a...

I can't seem to find someone on this board with my situation, so pardon me in advance if it has been discussed. I earned US income from Jan 2006 until Apr. 2006 and lived in the US. I returned to Canada in mid April 2006 and took a job in Canada. I received a lump-sum pension distribution from my fo...

So far, I have only seen postings regarding the filing of 8891 to defer taxation on RRSPs on Federal returns and that California requires RRSPs be taxed. Does anybody know if other states tax in the same manner?

Thanks. I live fairly close to the border and so it's no effort to go back to Canada.

Thanks for your feedback. I am making an appointment to see another tax specialist. I could have filed myself the way the first guy handled it.

I was looking at the T1 for non-residents -- it doesn't list a departure date field. So, I must file the regular T1 general. I did not receive any statement of interest from my bank for the chequing account and I receive account information through the bank's web site -- checking this showed no inte...

Sorry, what Cdn form is reserved for indicating departure date? The T1 doesn't give that option.

Thanks for your help!

He filed a TD F 90-22.1 to declare the RRSP account. The chequing account was omitted (there's little to no interest accumulating in the account)

I've been working on a TN and was commuting back and forth across the border until mid June of last year. I rented a place in the US and moved my stuff over. The US accountant I worked with said I didn't need to file a dual status return. He filed a straight 1040 on my behalf. He declared the RRSP a...