Search found 3 matches

by sabad66
Sun Oct 04, 2015 3:20 pm
Forum: Canada / United States Tax & Accounting
Topic: Canadian Mortgage Interest and RE Taxes
Replies: 1
Views: 1765

Canadian Mortgage Interest and RE Taxes

I am a dual citizen, born and raised and still live in Calgary AB. I purchased a home in Calgary on Jan 2014. In total I paid about $9000 CAD mortgage interest + $1900 local city property tax (Calgary Alberta) in 2014. My question is, am I allowed to list these in itemized deductions? The mortgage i...
by sabad66
Mon May 26, 2014 12:54 am
Forum: Canada / United States Tax & Accounting
Topic: RPP Contributions
Replies: 10
Views: 8534

thank you nelsona! I think I will go with B for now then to keep it simple.

Regarding 8938 reporting, I believe I am off the hook since it isn't anywhere near 200k in value (unmarried taxpayer with foreign tax home)... unless I interpreted the instructions wrong?
by sabad66
Wed May 21, 2014 1:46 am
Forum: Canada / United States Tax & Accounting
Topic: RPP Contributions
Replies: 10
Views: 8534

RPP Contributions

Hi All, I am a dual US/Canada citizen that has lived in Canada my whole life (and have never filed US taxes), and I am looking to get caught up using the streamlined process. My 2010 return was pretty straight forward as I was a student and was able to exclude my income using the FEIE. I started a p...