Serbinski Accounting Firms

thanks again!

wtfirs,

could you please let me know to which year you back filed your 6 year FBAR? 2005 or 2006?

than you!

Dalthien, nelsona,

thank you very much for your help/info!

your answers are very informative.

[quote="Dalthien"]If your friend has been choosing to file the full 1040 instead of 1040NR, then he/she has made the choice to treat him/herself as a US Citizen for filing purposes, and they have to file all accompanying paperwork that goes along with that. Announcement 2010-16 would be irrelevant ...

[quote="nanic"]Is announcement 2010-16 still valid. If so this may help you decide how far back to file.

http://www.irs.gov/pub/irs-drop/a-10-16.pdf[/quote]

Hi, nanic, thanks for your additional info!

As per the announcement, my friend does not need to file the TD form, as he is neither a US ...

nelsona, appreciate very much for your advice!

As per your answer, as long as one files 1040 joint, he is a US person and he must be compliant with FBAR regardless his citizenship and his residency. I will pass this to him so that he can back-file the TD forms.

I believe, many professional tax ...

[quote="tobeagoodman"]Sorry, this is right paragraph:

Amending a Previously Filed FBAR. To amend a filed FBAR, check the
"Amended" box in the upper right hand corner of the first page of the
FBAR. Complete the form in its entirety and include the amended
information. Do not attach a copy of the ...

the following is quoted from the TD F90-22.1 instruction:

No Extension of Time to File. There is no extension of time available
for filing an FBAR. Extensions of time to file federal tax returns do NOT
extend the time for filing an FBAR. If a delinquent FBAR is filed, attach a
statement ...

[quote="nanic"]One important question, is he a US citizen?[/quote]

Hi, nanic,

His and his wife are Canadian citizen.

[quote="nanic"]Does he have any bank accounts or any financial accounts in Canada, including joint accounts. If yes, then he needs to file the form[/quote]

nanic, thanks for your answer!

Of course, whole his family and his house is in Canada. So he mus file the TD form. How many years he has to ...

One of my friends is a commuter between Canada and US, working in US and living in Canada with his Canadian wife. He has filed his US return by married filing jointly for many years, excluding his wife income from Canada using form 2555 and utilizing tax treaty benifit (8833 & 8891) . When knowing ...

Hi, JGCA,

Yes, I am talking about 1040x.

Thank you so much :D

JGCA, one more question please,

Besided the personal information and the part III in 1040x, shall I also need to fill in the other portions, i.e. "Income and Deductions", "Tax Liability", "Payments"? Even if I fill the other portions, they are the same as before and need to be only copied from my ...

JGCA, thank you very much for your detailed instruction!

I have now understood the steps for fixing my 8891 and TD form issues. Just for your info, I have just checked and found out that my accountant filed 8891 for me for 2007 so it started in 2007.

Thanks and best regards!

Sorry, I found the answer in the 8891 instruction:

"A beneficiary who previously made the election to defer
income on the plan or is making it initially by checking the
box on line 6c must only complete lines 1 through 8 of the
form."