Serbinski Accounting Firms

Yeah, thanks for giving your reasons why. Fill out 2555, 1116 1099-int, 1099-div and other numerous forms just because its fun... And because one is almost guaranteed to make mistake doing ALL this. Don't do 1040NR and 8833 because I said so...

Anyway, I am done here, will go elsewhere to look for ...

Actually, nelsona (wanted to send you a private message but looks like it is disabled here)

I found a thread where you mention a possibility of "treaty election". If I understand it correctly, because of the treaty, one can say that he is a resident of just one country and not even file 1040 or ...

Yes, thanks, I overlooked that, so 2 more accounts to report with 0 balance.

Is everything else correct though? (no need 8938 since we are below 400k?)

And one last question, State... Do we file NY report at all? No NY income and spent only 5 days there in 2014, but TECHNICALLY our address was in ...

Dear nelsona, thanks for your help. Just to confirm

File:

- 1040 and schedule B
- FinCEN Form 114 and declare both RRSP, LIRA, all bank accounts with over 10k at any point in 2014

No need for Form 8938, even though our combined foreign accounts are 105K, BUT since we lived abroad for 2014 ...

I mean yes they had NY address, not Canadian one

Well, NY is not fake address. We thought we gonna live there, we had to have some kind of address somewhere on this planet :). I know I need to inform them ASAP

Sorry, I was not arguing at all, maybe I did not express myself properly.

Thank you very much. I will fix my Canadian return to be "full year" and will file 1040. Just one question though:

In theory, can I file in Canada and put my emigrant date as late December? From "money" point of view I will ...

Thanks!

According to the definition of IRS, I did become a resident as soon as my GC was activated:

[i][b]You are a resident, for U.S. federal tax purposes, if you are a Lawful Permanent Resident of the United States at any time during the calendar year.[/b] This is known as the "green card" test ...

Alright, my situation is somewhat complicated, so I need your help please. Sorry it will be long, but I need to explain it.

I applied for a green card through my wife. We lived in Canada, where I had a job and she was not a resident, she was just living with me waiting for me to get my green card ...

I have regular RRSP, I do not have LIRA. I opened regular RRSP this year strictly for tax purposes, since I will only pay 25% withholding on it instead of 40% which I was supposed to pay otherwise (I had a lot of room in my RRSP).

As for LIRA, TD is a no go, they still do not realize that we are in ...

Was it RRSP or locked-in RRSP? Regular RRSP is not a problem, they don't want to open the locked in one...

Thank you! I did not inform my RRSP manager yet, but I am not collecting any benefits. I will let them know soon.

I now have much bigger problem, I cannot open locked-in RRSP to transfer my pension there. They want me to come to the branch, and I am 10000km away, which makes it difficult to come to ...

Good afternoon,

My situation is simple and complicated at the same time.

I got my green card in June, quit Canadian job on August 1st and crossed the border on August 7th.
For now, I have no income and will not have any income (in fact I am travelling in South America) for the rest of 2014, so ...