Serbinski Accounting Firms

Thank you very much for your advice and info.

Now I have a bigger picture and I will make decidision.

Have a nice day,

Eiyou

I called the broker and was told that I cannot take my name off. The only option is to close the joint account and open new individual one for my dad. This means I have to sell my stocks, which I really don't want.

What I try to ask is, what is the consequnces if I leave my name in the joint ...

We have never reported anything so far because we bought and held it until now.

We thought Joint Account might be more flexible. Now things truned out opposite way and getting complicated.

So the bottom line is how to fix this. Do I have to file tax return this year to just disposition this ...

Thanks for the quick reply.

This leads me some other questions,

How to generally determine what my share is? Nowhere defines this. Can I just say the most are my father's?
The money is actually from my father. That's why I did not realize I had to disposition the stock account when I moved. How ...

I have a JOINT ACCOUNT (stock) with my dad (macket value US$10k) in US account of Canadian Broker in Canada. The gain is about US$3k.

I moved to the U.S. last year. But my dad is still resident of Canada. I am not trading and just want to keep it. I did not close the account and just leave it along ...