Search found 7 matches

by mehran
Sun Aug 11, 2013 10:04 pm
Forum: Canada / United States Tax & Accounting
Topic: Late FBAR filing
Replies: 5
Views: 5329

Late FBAR filing

Hi,

I moved to US in 2012 and after filing my taxes this year I forgot to file FBAR before June 30 deadline.
I am going to file it this week. How should I prepare the late filing explanation letter to avoid a penalty? How common is it to get penalized for late FBAR filing?

Thanks
by mehran
Thu Feb 28, 2013 1:21 pm
Forum: Canada / United States Tax & Accounting
Topic: Moving to US, deducting expenses from selling the house
Replies: 3
Views: 2578

As a moving expense?

How about for my US tax return?, Can I include it in my moving expense if I go with itemized deduction?
by mehran
Thu Feb 28, 2013 5:46 am
Forum: Canada / United States Tax & Accounting
Topic: Reporting US income
Replies: 1
Views: 1700

Reporting US income

I am filing a departure return in Canada, with my departure on January 15. But my US employment started in January 2. So for those 2 weeks, how should I report my US income to Canada? 1- Should I prorate the whole 2012 income? 2- or should I report pay checks that I got during that period? which I d...
by mehran
Thu Feb 28, 2013 5:39 am
Forum: Canada / United States Tax & Accounting
Topic: Moving to US, deducting expenses from selling the house
Replies: 3
Views: 2578

Moving to US, deducting expenses from selling the house

I moved to US in 2012 and sold my house before I move. I am filing my Canada tax and declaring departure.
Can I deduct expenses related to selling my house?
by mehran
Fri Feb 15, 2013 3:46 am
Forum: Canada / United States Tax & Accounting
Topic: tuition credit carry forward for non-residents
Replies: 3
Views: 2705

tuition credit carry forward for non-residents

Hi!
I moved from Quebec to US last year and I am filing a departure return for 2012 in Canada.
I have some unused tuition credits. Will I loose them? or I will be able to use them if I move back to Canada again in couple of years?

Thanks
by mehran
Thu Dec 15, 2011 2:48 pm
Forum: Canada / United States Tax & Accounting
Topic: Which date I become a non-resident?
Replies: 4
Views: 3203

Thanks a lot Nelsona. It is much more clear for me now. I have 2 more questions: 1- So I guess it will be fine to report my departure date as the date I sell my house in January (and not the date I leave Canada in December)? It is only the complication of having to file another return for 2012. Am I...
by mehran
Thu Dec 15, 2011 12:17 pm
Forum: Canada / United States Tax & Accounting
Topic: Which date I become a non-resident?
Replies: 4
Views: 3203

Which date I become a non-resident?

I am moving from Montreal to the US, the last week of December (2011), and I will sell my condo in January 2012. Which date should I report as my non-residency to CRA? Is it the date I leave Canada or the date I sell my condo? I am asking this because If I become non-resident in December and sell my...