Search found 22 matches
- Tue Nov 15, 2016 9:43 pm
- Forum: Canada / United States Tax & Accounting
- Topic: Becoming an Enrolled agent
- Replies: 1
- Views: 1819
You will need a PTIN, if you don't already have one. The requirements to become an Enrolled Agent then are pretty straightforward. I'm not sure how a Canadian person would get a PTIN, since the first requirement is to have a Social Security Number, but this article implies it can be done: https://ww...
- Sat Jun 30, 2012 12:24 am
- Forum: Canada / United States Tax & Accounting
- Topic: US Citizen residing in Canada - IRA trading solution?
- Replies: 38
- Views: 30261
Got a letter from Fidelity...they have noticed my Canadian address and after August 6, 2012, they will no longer be able to service my non-retirement account. No additional deposits of cash or securities allowed, no new security purchases. I can only sell positions and withdraw funds. So bottom line...
- Sun Jun 10, 2012 3:04 pm
- Forum: Canada / United States Tax & Accounting
- Topic: US Citizen residing in Canada - IRA trading solution?
- Replies: 38
- Views: 30261
- Fri Mar 16, 2012 9:48 pm
- Forum: Canada / United States Tax & Accounting
- Topic: Reporting Canadian Capital Gains in US
- Replies: 22
- Views: 12407
- Sun Feb 26, 2012 4:41 pm
- Forum: Canada / United States Tax & Accounting
- Topic: US Citizen residing in Canada - IRA trading solution?
- Replies: 38
- Views: 30261
It's a complicated situation for them, perhaps. I use a US mailing address for all my Fido accounts, because that eliminates the unnecessary and wasteful mailing of trade confirmations when I do trade ETFs/mutual funds in my retirement accounts. Only when you have a US mailing address will they stop...
- Sun Feb 26, 2012 1:51 am
- Forum: Canada / United States Tax & Accounting
- Topic: US Citizen residing in Canada - IRA trading solution?
- Replies: 38
- Views: 30261
- Tue Feb 21, 2012 1:41 am
- Forum: Canada / United States Tax & Accounting
- Topic: US Citizen residing in Canada - IRA trading solution?
- Replies: 38
- Views: 30261
- Sun Feb 19, 2012 8:07 pm
- Forum: Canada / United States Tax & Accounting
- Topic: US Citizen residing in Canada - IRA trading solution?
- Replies: 38
- Views: 30261
Yes, it is a problem. Vanguard does not allow account-holders who have a Canadian address to add new funds, buy new investments, or switch between investments (which is a sell/buy). Once Vanguard knows you are a Canadian resident, you will only be able to sell your holdings or reinvest dividends/cap...
- Mon Sep 05, 2011 1:37 pm
- Forum: Canada / United States Tax & Accounting
- Topic: Free Tax Filing Software for U.S. Income Taxes?
- Replies: 4
- Views: 3576
- Mon Sep 05, 2011 12:41 pm
- Forum: Canada / United States Tax & Accounting
- Topic: Free Tax Filing Software for U.S. Income Taxes?
- Replies: 4
- Views: 3576
When you say you have almost no income, would that be less than US $9,350 in 2010, for example? If so, than strictly speaking, you don't need to file a US return at all. You would be under the amount of std. deduction + personal exemption (equivalent to Canadian basic personal amount) that would req...
- Wed Aug 31, 2011 9:50 am
- Forum: Canada / United States Tax & Accounting
- Topic: US citizen inherits money from Canada (lives in US)
- Replies: 3
- Views: 3356
No. Inheritance of liquid assets is a non-taxable, non-reportable event in either country. If the inheritance consists of property or investments (stocks, bonds, mutual funds, real estate), you should make note of the fair market value of the property as of the date of the person's death. When the p...
- Mon Aug 29, 2011 2:11 pm
- Forum: Canada / United States Tax & Accounting
- Topic: Credit card accounts and FBAR?
- Replies: 7
- Views: 5410
- Mon Aug 29, 2011 1:33 pm
- Forum: Canada / United States Tax & Accounting
- Topic: Credit card accounts and FBAR?
- Replies: 7
- Views: 5410
- Sat Aug 27, 2011 6:39 pm
- Forum: Canada / United States Tax & Accounting
- Topic: FBAR penalties and soft disclosure
- Replies: 16
- Views: 14814
- Sat Aug 27, 2011 6:38 pm
- Forum: Canada / United States Tax & Accounting
- Topic: US Citizen residing in Canada - IRA trading solution?
- Replies: 38
- Views: 30261