Serbinski Accounting Firms

Hi All,
Last year I collapsed my RRSP as a US-resident and Canadian non-resident, and I have some confusion on the right way to do the tax on both sides. Here are my questions for each side:

1. Canada Tax: I am not certain if I told my bank that I was Canadian non-resident, but anyways, they sent me T4-RSP, and held only 10% (Is there a problem here?). I am using ufile to file my Canada tax. It requires me to put “Non-resident net employment incomeâ€￾, for which I will put my US W-2 income (I don’t have expenses). But, it also requires me to put a number under “Amount of foreign tax treatyâ€￾. Is this the amount of tax that is withheld on my W-2 in US? I did some experiments and the amount I will owe/receive depends heavily on this number.

2. US tax: As instructed somewhere else in this forum, I will put gross amount in 16a and taxable amount in 16b. The amount that goes in 16b is the difference between last value and value when became US resident. The exchange rate used would be at the time of collapse. Is there any form to fill (other than fbar)?

Your inputs are much appreciated. Thanks

I am concerned about Serbinski's user account security. I just logged into my account after a very long time (more than about 1-2 years). The status on the top left says: "You last visited on Wed. Jan. 04, 2017 4:19 PM". I am 200% sure that I have not logged in at that time. Do the site ad...

Thanks Nelsona, but I should say I am confused now 1- You mentioned there is no such thing as interest income. But the money in the account is growing from the investments the employer is doing. The employer sends statements every year cleary indicating the amount of growth, which they call it "...

Ok, it looks like this is an RPP account, and 8938 is needed if threshold is met. BUT unlike what I read here, 8833 might be needed for deferal of interest income, from tax year 2013. I heard it from a CPA from one of the "major" accounting firms. He said that this form was not needed prev...

That is great, thank you! So then if the total sum of all my other accounts is below 10000,I do not need to file FBar even if the sum would be more than 10000 including this account. I have two more questions: 1- Is this type of account considered to be what they call "RPP"? 2- What are th...

I have read in two places here that employer pension plans should not be included in FBar. I would like to know the rationale behind that, or source if there is any. I have such a plan which is a Defined Contribution plan, and nobody contributes to it anymore. It only accumulates interest. I think I...

Thanks Nelsona for the quick reply! And thanks for the additonal tips. One more question that occured to me is that, can she claim residence in Canada as well for that year? She is canadian with temporary visa in US (no permission to work) and has to return back to Canada after Visa expiry. She has ...

I have a question on a situation involving married filing jointly status and election 6013(g) that was not made when filing 1040. I didn't find any prior posts relevant to the situation. The situation: Husband is US resident for the whole year. Wife moves from Canada to US on April of that year and ...