Search found 110 matches
- Thu Mar 27, 2014 7:55 pm
- Forum: Canada / United States Tax & Accounting
- Topic: In a Mess
- Replies: 14
- Views: 8117
- Thu Mar 27, 2014 7:48 pm
- Forum: Canada / United States Tax & Accounting
- Topic: In a Mess
- Replies: 14
- Views: 8117
- Thu Mar 27, 2014 6:52 pm
- Forum: Canada / United States Tax & Accounting
- Topic: In a Mess
- Replies: 14
- Views: 8117
First of all don't panic. It seems that you are going in the right direction and trying to correct something you were unaware of....and believe me you are not alone. As far as capital loss...it does not make a bit of difference...the Us Department of the Treasury only wants to know the existence of ...
- Thu Mar 27, 2014 11:05 am
- Forum: Canada / United States Tax & Accounting
- Topic: Candian TSFA/RSP questions
- Replies: 2
- Views: 1963
You might want to review the filing requirements as she seems to have a retirements account(s) in Canada which require 8891 forms, TFSAs which require 3350/3350a forms, 8938 forms on your 1040(s) etc etc etc. Oh yea...don't forget the FBARs to the Department of the Treasury if you have a aggregate v...
- Thu Mar 27, 2014 11:01 am
- Forum: Canada / United States Tax & Accounting
- Topic: US citizen status
- Replies: 10
- Views: 7729
I am assuming you are asking this question to determine the requirement to file tax in the US. If so, the question is not whether or not you are a US citizen, but rather are you considered a US person for tax purposes. A US person is someone with US citizenship, this be attained by being born in the...
- Sat Feb 15, 2014 8:46 am
- Forum: Canada / United States Tax & Accounting
- Topic: fbar and 8938 penalties - per account or per complete form?
- Replies: 5
- Views: 4616
I think you should read the threads on this form regarding your situation, as there is a wealth of knowledge here, you just have to look for it. With respect to Fbar penalties, read the instructions on FBAR and you will clearly see that his information is twisted, the penalty structure is pretty str...
- Sun Aug 11, 2013 10:27 pm
- Forum: Canada / United States Tax & Accounting
- Topic: Late FBAR filing
- Replies: 5
- Views: 4521
Hmmm...they are pretty adamant that the paperwork has to be on there desk by June 30th....that is why most individuals (in the past) sent it FedEx so they had a record of the mailing. Not sure how you would proceed on this one, my suggestion would be to call Detroit directly and explain your situati...
- Sun Aug 11, 2013 10:20 pm
- Forum: Canada / United States Tax & Accounting
- Topic: FATCA / FBAR question
- Replies: 11
- Views: 7508
- Thu Aug 01, 2013 3:10 pm
- Forum: Canada / United States Tax & Accounting
- Topic: SSN question relating to tax
- Replies: 3
- Views: 2268
- Thu Aug 01, 2013 10:14 am
- Forum: Canada / United States Tax & Accounting
- Topic: SSN question relating to tax
- Replies: 3
- Views: 2268
SSN question relating to tax
Following relinquishent of US Citizenship, does the individuals SSN number remain active, or valid for tax purposes.
In other words, is an SSN ever `revoked`once you have ceased being a us citizen (person)
In other words, is an SSN ever `revoked`once you have ceased being a us citizen (person)
- Sun Jul 28, 2013 2:19 pm
- Forum: Canada / United States Tax & Accounting
- Topic: IRS error...schedule 8812 not processed
- Replies: 5
- Views: 4087
I did have a similar issue when I filed my back returns a couple of years ago. After some time not receiving the Obama stim check for 300 dollars...i called the IRS and to my surprise that check had been sent out (and returned) 3 times! When i questioned her on the address, and it was obvious they h...
- Tue Jul 23, 2013 9:56 pm
- Forum: Canada / United States Tax & Accounting
- Topic: FBAR re: house sale
- Replies: 12
- Views: 9486
Robark The FBAR clearly states that you have to tabulate the maximum value of any account for that tax year if the aggregate amount of your accounts exceed 10k Therefore the 'spike' above 10k due to the fact that the house proceeds were there 'briefly' ensures that you must now report all accounts t...
- Fri Jul 19, 2013 7:22 am
- Forum: Canada / United States Tax & Accounting
- Topic: Streamlined, 8854, tax obligations for 5 preceding tax years
- Replies: 8
- Views: 6669
- Tue Jul 16, 2013 11:22 am
- Forum: Canada / United States Tax & Accounting
- Topic: FBAR re: house sale
- Replies: 12
- Views: 9486
- Sat Jul 13, 2013 9:33 am
- Forum: Canada / United States Tax & Accounting
- Topic: FBAR re: house sale
- Replies: 12
- Views: 9486