Serbinski Accounting Firms

I am a Cdn citizen living in the U.S. as a permanent resident. In order to avoid potential probate on my Cdn mother's primary home in Canada, my brothers and I were planning on having her put us on title. Will this have undesirable consequences for me as a U.S. permanent resident when it comes time ...

Thank you for your help!

Sorry, it was not my 1099-DIV, it was a form. So if I did not claim tax on a form 1116 can I file an ammended return now for 2012 with a completed 1116? Also, based on my 2013 1099-DIV broker form, all ordinary dividends were also qualified dividends. Given I did not receive a 1099-DIV broker form f...

In doing my 2013 taxes it brought me back to this. I believe I got my 2012 returns correct with perhaps a misunderstanding on the U.S. return. Was I able to claim the 15% [quote][i]You will need to separately send a check to CRA for 15% of the dividends you got after you left[/i][/quote] on my 1099-...

Am I correct in my interpretation that foreign dividends are passive and therefore ineligible for an investment expense deduction?

My bad. Just found my 1099-DIV in the scanner that has amounts for box 1a(Ordinary div's), 1b(Qualified div's), and 6(Foreign tax paid). So it appears I simply match those to my form 1099-DIV and the forms mentioned in my original post are for my Canadian return? Now to look at Form 1116. Where to r...

I am Canadian, married to a USC and living in the U.S. since 11/16/12. My CAD broker had not changed my residency correctly when requested so now for my non-registered investment account I have a T5(Statement of Investment Income) declaring: a - Actual amount of eligible dividends(2 quarterly payout...

Yes, I had put in a change of address with my broker but apparently I needed to be more explicit. Yes I did marry a US citizen and it works very much in our favour to file jointly on a 1040. Just for clarification, on my 1040 I would only declare that portion of interest and dividends I received aft...

Sorry, US resident as of 11/16/2012

Given I only received T5's for my interest & dividends, I'm confused which amounts to record and where. INTEREST - This amount is clear as there is only one figure but entering $480 interest on a 1099-INT Box 1 generates 15% reduction. If this is correct can I offset this with a credit? DIVIDEND...

Deferred it is.

Filing jointly should benefit us with a small amount of dividend income my only income for the year.

Affirmative on the departure return.

Thankyou

Tried searching for an identical situation but here I am. Married my US wife in April 2012 and entered on CR Visa November 16. I have no employment income in either country but still have RRSP's and dividend income on a CDN investment account. From what I can glean we will file jointly(she is employ...