Search found 4 matches
- Thu Jan 17, 2013 12:10 am
- Forum: Canada / United States Tax & Accounting
- Topic: Canadian born dual citizen, streamline and passive income
- Replies: 2
- Views: 2892
Canadian born dual citizen, streamline and passive income
I am a dual citizen, born in canada. I was naturalized in the US when I was 8, returned to canada when I was 30. I have lived and worked in canada for the past 33 years, although retired about 8 years ago. I discovered I have a tax problem last summer, and waited for the new regs. My accountant jump...
- Wed Aug 24, 2011 7:46 pm
- Forum: Canada / United States Tax & Accounting
- Topic: when there is a history in the US
- Replies: 9
- Views: 7149
I did not mention that I was born in canada....does that make a diffrence? Someone told me that if I ws born in canada they can't come after me (although i might not be able to return to the US). I was also told that if I just file three years of tax returns (plus FBARs?), that I would probably be l...
- Wed Aug 24, 2011 7:18 am
- Forum: Canada / United States Tax & Accounting
- Topic: when there is a history in the US
- Replies: 9
- Views: 7149
I have never taken any of the funds out of my rrsp, so it is a comfort to know that can be protected from fine. I appreciate very much your comments and advise. it sounds like the safest way to go is to pay the 5% fine, as i don't want the stress of an unknown or unpredictable outcome that could mor...
- Tue Aug 23, 2011 6:44 pm
- Forum: Canada / United States Tax & Accounting
- Topic: when there is a history in the US
- Replies: 9
- Views: 7149
when there is a history in the US
I moved to canada about 30 years ago and had no idea I ws to file US returns. I did file tax returns for about 10 years in the US before moving to canada, and I have been receiving a very small pension ($200/month) from a US university every since (which I reported here). I was looking forward to co...