Serbinski Accounting Firms

I was entering this information in a software package and hence did not read the original form from CRA. Nevertheless, I had read it in the past years and didn't find it clear at that time. Now that I am reading this year's form, they seem to have made some changes. The first category - "Funds ...

I tried searching for this information in the forum and am not finding any information, but I am puzzled that no one else is confused as I am :-) I was (and still am) a U.S. citizen, and I also became a Canadian citizen a few years ago. I have been submitting T1135 for a while, but I cannot live wit...

Thanks, Nelsona.. I suppose your way of looking at it is literally true - that all earnings are taxed in both countries - but, I was looking at it from the effective angle. In other words, where do I ultimately pay the tax and where would I get the credits from, when it comes to U.S. dividends when ...

I just wanted to add this clarification about the U.S. dividends appearing on the Canadian T1-General, line 121 - I am using a tax software for Canada, and I didn't enter these amounts under Canadian income. I entered this under Foreign investment income, and the software seem to have included it al...

American/Canadian citizen, living in Canada. I think I have filed all the forms necessary on both sides. For the U.S. filing, I file 1040, Sched B, Sched D, 2555-EZ, and 8891. I received nothing but dividends (both ordinary and qualified), capital gain distributions, and a few cents of interest from...

Though I found some answers to parts of my situation, I need a comprehensive look at my entire situation, and would appreciate it if some readers can offer ideas on how to proceed. I am single, but with extended family in Canada and am a dual citizen (U.S./Canada) now. Living in Canada for the last ...