Search found 11 matches
- Mon Dec 18, 2017 11:16 pm
- Forum: Canada / United States Tax & Accounting
- Topic: Canadian Resident with US IRA and large US stock portfolio
- Replies: 0
- Views: 7509
Canadian Resident with US IRA and large US stock portfolio
Here's my question: I am a US citizen with permanent residency in Canada. I live in Quebec. I have a US IRA (still in the US) as well as a non-registered account. I am thinking of owning only fixed income assets in the IRA (ie Bond ETF's) and only growth stocks in the non-registered account. Is this...
- Thu Nov 20, 2014 12:21 pm
- Forum: Canada / United States Tax & Accounting
- Topic: Pfic nightmare
- Replies: 8
- Views: 6744
- Wed Nov 19, 2014 2:53 pm
- Forum: Canada / United States Tax & Accounting
- Topic: Pfic nightmare
- Replies: 8
- Views: 6744
- Wed Nov 19, 2014 10:39 am
- Forum: Canada / United States Tax & Accounting
- Topic: Pfic nightmare
- Replies: 8
- Views: 6744
- Tue Nov 18, 2014 5:35 am
- Forum: Canada / United States Tax & Accounting
- Topic: Pfic nightmare
- Replies: 8
- Views: 6744
Pfic nightmare
I just hired an accountant to review my taxes, and learned about the pfic nightmare. In brief, i'm a US citizen, permanent resident in canada married to a canadian .. I own 20 diiferent etfs in canadian discount investment firms, each with a value betweem $1000 and $5000 dollars. The accountant info...
- Sun Dec 01, 2013 9:56 am
- Forum: Canada / United States Tax & Accounting
- Topic: If I work in both countries, can I do RRSP and IRA?
- Replies: 1
- Views: 1942
If I work in both countries, can I do RRSP and IRA?
I'm an American working in Canada on a work visa. My ultimate goal is permanent residency in Canada. In 2013 I made about $200,000 as an independent contractor in Canada, and about $35,000 as an independent contractor in the United States. Can I contribute to both an RRSP AND an IRA? Any help would ...
- Sat Nov 09, 2013 7:07 pm
- Forum: Canada / United States Tax & Accounting
- Topic: Setting up an LLC in the US when you have no statehood
- Replies: 3
- Views: 2941
- Sat Nov 09, 2013 2:05 pm
- Forum: Canada / United States Tax & Accounting
- Topic: Setting up an LLC in the US when you have no statehood
- Replies: 3
- Views: 2941
Setting up an LLC in the US when you have no statehood
I am a US citizen working in Ontario with a work permit. I have no US address at all right now. I will be doing some consulting for a US firm that exists in many different states. They are demanding I set up an LLC. When I go online to try and set up the LLC they ask me which state. But I have no st...
- Fri Sep 07, 2012 12:02 am
- Forum: Business & Personal Immigration to Canada
- Topic: Transferring money from US to Canada to buy a house
- Replies: 10
- Views: 26166
Transferring money from US to Canada to buy a house
I'm a US citizen with a work permit to work in Canada. I'm buying a house in Quebec. In order to pay for the house, I want to bring US dollars into Canada to buy the house. I have an account with Royal Bank in Canada. Can I simply go to the bank and write a check in US dollars, on my US Bank, and th...
- Tue Jun 21, 2011 10:02 am
- Forum: Canada / United States Tax & Accounting
- Topic: I work in Canada and the US; but where do I live?
- Replies: 3
- Views: 3748
- Mon Jun 20, 2011 11:43 pm
- Forum: Canada / United States Tax & Accounting
- Topic: I work in Canada and the US; but where do I live?
- Replies: 3
- Views: 3748
I work in Canada and the US; but where do I live?
OK. This is a bit complicated: I'm a US citizen. Starting in January 2011 I took a job in Ontario, Canada on a work visa. I work there full time. Additionally I work 2 days a month at my old job in New York. My Canadian work visa lists my workplace as my address. When I'm working, I stay in a dorm r...