Search found 2 matches

by csk_17
Thu Jan 09, 2014 12:20 pm
Forum: Canada / United States Tax & Accounting
Topic: TFSA still held by Canadian working in the US: What to do?
Replies: 3
Views: 2053

Thanks nelsona. I've read a lot about penalties for late FBAR filings, without "reasonable cause". I would hope the combination of her being new to the US (and therefore not aware of the TFSA issues), the fact that her TFSA constitutes her full savings and that her income is in the 45-50k/...
by csk_17
Wed Jan 08, 2014 8:13 pm
Forum: Canada / United States Tax & Accounting
Topic: TFSA still held by Canadian working in the US: What to do?
Replies: 3
Views: 2053

TFSA still held by Canadian working in the US: What to do?

My girlfriend is a Canadian citizen who moved to the US on May 26th, 2012, on a TN Visa. She has been living and working the US ever since. She has not yet filed her 2012 tax return, in Canada or the US. For 2012, she only worked 1 month (January) in Canada, then had no income until she moved to the...