Search found 11 matches
- Mon Feb 28, 2022 3:17 pm
- Forum: Canada / United States Tax & Accounting
- Topic: T5008 vs. 1099-B
- Replies: 1
- Views: 1041
Re: T5008 vs. 1099-B
I referenced viewtopic.php?f=2&t=13139&p=50973&hilit=T5008#p50973 and to clarify, the stocks were purchased from 2016-present and my Canadian exit return was filed in 2014.
- Mon Feb 28, 2022 1:25 pm
- Forum: Canada / United States Tax & Accounting
- Topic: T5008 vs. 1099-B
- Replies: 1
- Views: 1041
T5008 vs. 1099-B
I am a Canadian living in the US (Canadian non-resident status was determined in 2014's Canadian tax return) who has not filed a Canadian tax return ever since my exit return. I do work for a Canadian company (llc'ed in the US) and so the company stock is Canadian. I sold some stock in 2021 and have...
- Thu Jan 03, 2013 2:52 pm
- Forum: Canada / United States Tax & Accounting
- Topic: Things to consider before moving to California from Toronto
- Replies: 36
- Views: 29370
- Thu Jan 03, 2013 1:39 pm
- Forum: Canada / United States Tax & Accounting
- Topic: Things to consider before moving to California from Toronto
- Replies: 36
- Views: 29370
- Thu Jan 03, 2013 4:21 am
- Forum: Canada / United States Tax & Accounting
- Topic: Things to consider before moving to California from Toronto
- Replies: 36
- Views: 29370
Just wanted to provide an update: I've been working in California since mid May and things are going excellent. The transition from Ontario, Canada has been well, thanks to the advice of you all. As planned previously in this thread - I am now considered a US non-resident alien for immigration purpo...
- Fri May 11, 2012 11:57 am
- Forum: Canada / United States Tax & Accounting
- Topic: Things to consider before moving to California from Toronto
- Replies: 36
- Views: 29370
Thanks for the clarification on RRSP vs. Cali tax. My ING RSP is just a RSP savings account (not mutual funds) that I plan to use for the HBP when I come back to Canada. I will not do any trading or make any contributions to it when I'm gone. The account makes less than 1.5%/year so the taxes paid t...
- Fri May 11, 2012 11:13 am
- Forum: Canada / United States Tax & Accounting
- Topic: Things to consider before moving to California from Toronto
- Replies: 36
- Views: 29370
- Thu May 10, 2012 9:52 am
- Forum: Canada / United States Tax & Accounting
- Topic: Things to consider before moving to California from Toronto
- Replies: 36
- Views: 29370
Couple more questions: - Should I sell all my stocks? I don't have much (~$15,000 worth) but if I don't plan on returning to Canada for a while it's not much use sitting there right? If I just leave them I don't have any tax obligations correct? - My personal RRSP is with ING Direct; do I need to mo...
- Thu May 10, 2012 9:30 am
- Forum: Canada / United States Tax & Accounting
- Topic: Things to consider before moving to California from Toronto
- Replies: 36
- Views: 29370
Thanks guys for all your help. I will be starting work in the US on Monday. From Nelson's assistance I understand now that I will be a Canadian Non-resident and a US resident onwards for my situation. Also from Nelson's advice I have closed my TFSA. If I am transferring my DPSP/GRRSP from my old job...
- Mon Apr 23, 2012 9:53 am
- Forum: Canada / United States Tax & Accounting
- Topic: Things to consider before moving to California from Toronto
- Replies: 36
- Views: 29370
Thanks Nelson, I was anticipating your help. Referring to the departure return, this is just that checkbox I tick off in my 2012 return claiming I left at xx-xx-2012 correct? By filing a departure return does that mean I am severing my ties with Canada and have to close everything but RSPs based on ...
- Sun Apr 22, 2012 10:50 pm
- Forum: Canada / United States Tax & Accounting
- Topic: Things to consider before moving to California from Toronto
- Replies: 36
- Views: 29370
Things to consider before moving to California from Toronto
Hi, I work in Toronto right now and I have accepted a job offer to work in California (on a TN-1 to be granted); I currently live in Toronto with my parents and will be visiting home when possible. My plans are to work in the US for 3 years and see where I am. I might stay longer or I might return h...