Serbinski Accounting Firms

I moved to US last year and sold my property in Canada right after I moved. I just got informed by CRA that I need to pay $2500 + interest penalty for filing T2091 form late. I was not informed by my lawyer at the sale about this form... plus I only decided to stay in US permanently at the very end ...

ah~~ got it.
So I have to apply it for myself, and one for each bank, right?

I called the number 267-941-1099 to check the EIN number of my banks, but they asked for the address of the bank, which I cannot find on internet. I use RBC Investment for RRSP and RESP and TD Canada Trust for TSFA. Can someone be kindly enough to provide me with the EIN you have already found out? ...

Thanks a lot, Nelsona. Last question: I made a move due to employment change. Am I eligible to get some discounted property gain calculation? The appraiser cost might be more than what I can gain in the new FMV calculation, since I sold the property a bit higher than the market price. I will probabl...

I still have some question unclear, and I think it is better to start a new thread. I moved to US in May 2011 and sold my main residence in Canada in August. Since I bought the place in July 2009, I don't qualify the 2-year-in-5-year exemption rule. I sold my property at a cost 30K higher than the g...

I am now trying to do my tax and just realized that I forgot to ask two questions. 1. For my principal residence sold in August, since by treaty, I don't have to pay any capital gain. Do I still need to report it to IRS? Which form should I use if I need to report it? 2. For the rental property I so...

Thanks a lot, JGCA.

Thanks a lot JGCA. I will go through the posts and try to find the information I need. What about the departure return? I didn't file it. What should I do now? I didn't know how long I was leaving until recently. What would be the result for me not filing the departure return and stay in US for a lo...

This is the first time I am using this forum, and I am just throwing my questions here hoping someone can help me out.

I moved to NY on May 7, 2011 and I sold my Canadian properties right away following my move.
First of all, does the capital gain for US tax period start counting when I enter US or it starts counting when I obtain TN visa?
My second question is: I sold my main residence on August 2011, which I bought in July 2009. I checked the IRS rule saying that although I owned the property for 2 years, but I didn't live in it for 2 years (I moved to US before July 2011), so I am not eligible for capital gain exemption. However, My third question is:I purchased a new house this year in NY, is there way I can use my newly purchased home to offset the capital gain I have to pay?
My other rental property in Canada was sold in July 2011, which I used as primary residence from Feb. 2007 until July 2009 (purchased in Feb 2007). How do I calculate/convert this to the US capital gain by IRS rules?
Ｑｕｅｓｔｉï½￾ｎ　＃４： I used to to live in Quebec before I moved to NY. When I use my foreign tax credit for filing IRS, can I use both federal and provincial tax?

Thanks in advance!