Search found 3 matches

by rocket
Mon Nov 25, 2013 1:57 pm
Forum: Canada / United States Tax & Accounting
Topic: TFSA contribution room while in USA on TN
Replies: 11
Views: 7303

thank you Nelsona. This has been very useful.
by rocket
Mon Nov 25, 2013 1:00 pm
Forum: Canada / United States Tax & Accounting
Topic: TFSA contribution room while in USA on TN
Replies: 11
Views: 7303

Thanks Nelsona. I am under the impression that for tax filing you can be resident of both. USA because of time you spend and Canada because of ties you keep (house, spouse, kids etc..). so, the question really is whether the TFSA room accures because of physical residency or tax residency. If I can ...
by rocket
Mon Nov 25, 2013 12:13 pm
Forum: Canada / United States Tax & Accounting
Topic: TFSA contribution room while in USA on TN
Replies: 11
Views: 7303

TFSA contribution room while in USA on TN

Hi, I will be moving to California on TN visa. My wife and kids will be staying back in Canada and we will be keeping our house in Canada. Because of this I would be taxed as resident both in USA and Canada. I would be liquidating my TFSA before the move. My question is whether I would be accumulati...