Serbinski Accounting Firms

Hello all, I am a dual Can/US citizen living in Canada. Just trying to finish up my US taxes. I came across a notice that we now file the FBAR (previous TD-90-22.2 form and now 114a) online through FinCen (?). This is the site I was taken to. I am sorry to say I am a skeptic but I wanted to make sur...

Thank you so much. I got it figured out. My dad is my hero. I was understanding the form incorrectly...the word "excluded" got me. I will definitely look at the tax software though. Cheers.

No I haven't. I find the US taxes way more difficult to understand than the Canadian taxes. I have just followed what my brother has done as he is in the same boat...but for obvious reasons, he was not on a maternity leave and didn't receive EI for it. :)
I will have to look into it.
Thanks,

[quote="nelsona"]Any income that is not excludable using 2555 (and its CDn income tax), is eligible for use on form 1116. That would incluse your EI (which goes on teh Ui line of 1040) and is consodered general limit income for 1116 purposes. You should not owe any US tax when you are done...

Ok, searched on Google. For some reason didn't think of that. Thanks.

I did try many searches for FBAR but nothing came up to tell me what it was. I guess I'm not very good at this yet.

Does any one know if there is a special form I have to fill out for my tax free savings account? I was told by someone to get rid of it, which I have now, but I was told I had to fill out another form.

Ok, sorry for the stupid question, but I"m new to this. Just found out that I have to file US taxes. (Born in States to Can. parents, moved to Canada when a year and a half). I'm trying to figure out what an FBAR is. Is it just my 1040 form? I am currently filing a 1040, 2555-EZ, schedule B, an...