Serbinski Accounting Firms

Thanks Nelson. That clears up any confusion filling out the form. Any knowledge of penalty amounts or amount of interest charged etc? It appears I needed to include about $161 of income for 2010. $74 loss of income in 2011 tax year. I just received my statements and the adjusted book values were: ye...

[quote="nelsona"]If you chose to file a full year 1040 in 2010, then your cost basis is from dec 31 o the previous year, not your arrivakl date. Remember, cost basis is not FMV.[/quote] Thank you for your helpful advice! I will request my statement from year end 2009, 2010, 2011 and the fi...

Nelson, Thank you for your information. I have a question regarding ammending my 2010 return and adding in the missing income (or loss there of). I'm guessing I would be using the cost basis of the RRSP from the date I became a resident (May 2010) and not the cost basis from the beginning of the yea...

[quote="nelsona"]If you have read my posts, then there us nothing to add. especially on april 15.[/quote] Nelson, Thank you for your response. I filed for an extension a few days ago to help me get my forms in order. I have only read "one" post from you about an American living i...

NelsonA, You seem very knowledgeable on the cross border taxation. I read one of your posts dealing with Canadians who have RRSP's living as a residents of the United States. You had some very good advice and I was wondering if I could pick your brain regarding my situation? I cashed out my RRSP in ...