Serbinski Accounting Firms

Sorry for not clarifying that - I'm a Canadian in US on TN1, the job is in US and these are US taxes we are looking at.

Thanks

Does real estate go under this category or elsewhere?

No takers?

It's for 8938, Statement of Specified Foreign Financial Assets. Not sure how I ended up here, I was going through the Easy Guide. How about this - if real estate doesn't go in here, does it have to be reported anywhere? I'm guessing uncle Sam wants to know about my assets abroad? If nothing else I'l...

Hi, I own 2 condos in Canada of combined value approx. $730K. My equity is about 20% of that, around $150K. The rest is mortgage. In TurboTax, there is a question "Was the total value of your specified foreign assets more than $400K on Dec 31 2011 or $600K at any time during the year?" I'm...

Hi,

I had to hire a law firm last year to represent me for TN1 after getting denied twice. The third time was a success. Do those expenses (lawyer fees, flights to Toronto, hotel, rental car to cross border to Buffalo etc.) qualify as job seeking expenses for tax purposes?

Thanks

I found several independent claims online (forums, tax advisors etc.) saying that physical location of property doesn't matter, it can be in US or any other country. So, yes, it shouldn't be confusing :-)

Thanks Nelsona!

I'm sorry, I meant property taxes, not real estate costs. Can I deduct mortgage interest + property tax?

First time filing so I don't know where this is usually sent, I was hoping to file online using Turbo Tax. It seems this time we'll need to file paper because of ITIN. Do you know what delays in processing could this cause? I believe tax refunds are received usually within a couple of weeks for onli...

I can send whatever they want, what about the address to which to send tax return? It sort of doesn't make sense to send my tax return to ITIN Operations address, but if it is joint and has to be sent together with ITIN application, then it has to go there? I wouldn't want my tax return to be lost i...

Hi, I'll be filing my first tax return for 2011, and we'll be filing married / joint tax return. My wife is on TD and has no SSN, my understanding is that she'll need to file W-7 to request ITIN. On IRS site they instruct ITIN application to be sent together with a federal tax return. Does that mean...

I was in US full time from Aug 1 2011 through Dec 31 2011 on TN; however I was also here as a visitor for about 3 months in 2011 (combined several visits) prior to Aug 2011. Does that count and does that make it possible to file full year 1040? If I file full year 1040, I should be able to deduct : ...

Hi all, For the past couple of years my tax situation became complicated enough to ask for the help of professionals. Before that I used to rely on tips from friends, common knowledge etc. Since I moved to US on a TN1, experienced sources have dried up and am hoping people in a very similar tax situ...

Thanks Nelsona, it helps me and it will hopefully help others in similar situation.

Thanks - anyone else care to comment?