Serbinski Accounting Firms

Thank you very much. I have a couple of questions... Could you please let me know on which line or schedule of 1040 I report Canadian withholding tax. I paid 25% Canadian withholding taxes, must I also file a Canadian tax return or elect Sec 216? My tax obligation is not over in Canada after paying ...

Someone please help me with my case. I am a dual citizen living in USA. I have for the first time Canadian farm income as well as farm rental income. I took care of non-resident taxes payable to Canada Revenue. I wonder in which schedule(s) or line(s) of US 1040 tax form I must show these incomes. I...

I live in USA. For the first time I have rental income by way of acquiring real property in Canada. My question is in Canada "can I deduct from rental income closing costs, attorney fees, title insurance, and brokerage commissions I paid to acquire property?". Or all these costs become par...

Thanks and you all are awesome.

JG, Thanks a lot for for posting. I have a question regarding Michigan residents with Canadian rental income. How can I be sure that I don't have to report this income on Michigan Tax return but only reportable on US federal tax return. Can you please provide a referance that says Michigan residents...

Being a non-resident, do I need to report to Canada that I purchased a farm? My concern is that if I don't report my purchase now, I may face problems later. Do reporting rules change if a non-resident purchases a farm (or real property) jointly with spouse (or another person)? As a dual citizen, I ...

Thanks a lot again....

I am amazed at all rules and filing requirements. :(

Thank you for your reply... I am sorry that I have few more questions. Please help me... 1) You said in your reply "file this also in the US with a FTC on tax paid in Canada" . What is FTC? Can you please elaborate this.. 2) As I mentioned that I received a GST/HST registration number for ...

After obtaining non-resident Business Number from Canada Revenue, I purchased farmland in 2011 and leased the same to local farmers in Ontario. Business Number was obtained for GST/HST with me as sole proprietor. I collected GST/HST from tenants and paid to Canada Revenue. My question is what are my...