Search found 6 matches
- Mon Mar 02, 2015 8:10 pm
- Forum: Canada / United States Tax & Accounting
- Topic: Taking stab at 3520, -A for TFSA
- Replies: 157
- Views: 216607
Hi All, Does anyone know if TD has a US agent applicable for form 3520? I hear the BMO and RBC do but my attempts to contact TD about this have ended all in frustration. I get the feeling none of the people I've talked to know what I'm talking about. I've applied for an EIN already but need a name a...
- Mon Feb 23, 2015 12:39 am
- Forum: Canada / United States Tax & Accounting
- Topic: PFIC reporting on Cdn domiciled Mutual Funds
- Replies: 16
- Views: 11855
Hi, I am going to make a mark-to-market election for some Canadian mutual funds (non-registered). I've attempted to account for the reinvested dividends in the adjusted basis in section Part IV line 10 b) to get the proper gain. Does anyone know if this is the proper way of doing this? I read in ano...
- Sun Feb 22, 2015 11:41 pm
- Forum: Canada / United States Tax & Accounting
- Topic: PFIC reporting on Cdn domiciled Mutual Funds
- Replies: 16
- Views: 11855
Hi, I am going to make a mark-to-market election for some Canadian mutual funds (non-registered). I've attempted to account for the reinvested dividends in the adjusted basis in section Part IV line 10 b) to get the proper gain. Does anyone know if this is the proper way of doing this? I read in ano...
- Tue Feb 17, 2015 11:38 pm
- Forum: Canada / United States Tax & Accounting
- Topic: Taking stab at 3520, -A for TFSA
- Replies: 157
- Views: 216607
Thanks Buddy and sunnysga. I see what you're saying. The value in column d line 17 then becomes a cumulative total of contributions from all previous years. Which is different from what I was thinking. I wish the instructions were more clear. The accumulated trust income of line 18 in column d) woul...
- Sun Feb 15, 2015 4:43 am
- Forum: Canada / United States Tax & Accounting
- Topic: Taking stab at 3520, -A for TFSA
- Replies: 157
- Views: 216607
3520-A Part III
So after reading the forum I am still confused about how to fill out 3520-A Part III Foreign Trust Balance Sheet properly for a TFSA. Here is my take let me know if I've gone astray somewhere: Assuming for simplicity that TFSA holds cash and we only consider contributions to the trust, withdrawals a...
- Mon Jan 26, 2015 1:30 am
- Forum: Canada / United States Tax & Accounting
- Topic: Tax residency for first year in USA
- Replies: 1
- Views: 1619
Tax residency for first year in USA
Hi I moved to California on a TN visa from Canada last year (2014) and am having trouble trying to determine what i should do for taxes. I was wondering if anyone could offer some advice. I entered the US on January 27th and started work beginning of February 2014. When I file for taxes do I have to...