Search found 13 matches

by karma
Thu Oct 27, 2016 1:38 pm
Forum: Canada / United States Tax & Accounting
Topic: Decision Time- move on TN or not
Replies: 3
Views: 2189

Thnx.
So MAT leave is ok regardless of being on TD status?
Employer is currently running me on Full Time payroll, no scope to make it as a contractor. Is being contractor a solid requirement ?
by karma
Thu Oct 27, 2016 12:38 pm
Forum: Canada / United States Tax & Accounting
Topic: Decision Time- move on TN or not
Replies: 3
Views: 2189

Decision Time- move on TN or not

Hi All and thanks Nelsona for helping 2years back when we went to US and came back due to family reasons- learned a lot about taxes during that time.

This time, I have another offer to join Dec 1st and evaluating how to take care of following.
1. Spouse will be ON Mat leave so will be getting EI ...
by karma
Thu Apr 02, 2015 8:28 pm
Forum: Canada / United States Tax & Accounting
Topic: TN visa & TD visa tax questions
Replies: 6
Views: 5416

thanks! So from what I read I will need to send W7 along with the return. I cannot get ITIN online or have time now to receive it and then apply.
by karma
Wed Apr 01, 2015 9:36 pm
Forum: Canada / United States Tax & Accounting
Topic: TN visa & TD visa tax questions
Replies: 6
Views: 5416

Old thread : but have the similar quesiton;

1. When filing in the US as jointly
- Does my wife need to apply for a ITIN?
- does she need to file FBAR and FATCA etc - she is only on TD and does not work.
by karma
Fri Mar 13, 2015 1:54 am
Forum: Canada / United States Tax & Accounting
Topic: Is a 3520 unnecessary for a Tangerine TFSA?
Replies: 41
Views: 36553

Thanks DaveM.
Yes, was told verbally by a tax accounting firm that deals in international taxes - that as the primary form 3520 is due with regular taxes / April. The attachment would follow the same. I did refer them to the info given on the taxmans website- but they repeated that its an ...
by karma
Thu Mar 12, 2015 10:48 pm
Forum: Canada / United States Tax & Accounting
Topic: Is a 3520 unnecessary for a Tangerine TFSA?
Replies: 41
Views: 36553

1. I am having a tough time finding - if a QUESTRADE TFSA - stock trading account is a Trust or not. Chatted with their online support and they had no idea if was considered as a trust. Kept asking me if submitted any documents to authorize it as a trust setup :roll:

Anyone here have a TFSA ...
by karma
Mon Mar 09, 2015 7:58 pm
Forum: Canada / United States Tax & Accounting
Topic: What forms to fill - move recently on TN ?
Replies: 11
Views: 8461

Answer # 2
http://www.justanswer.com/tax/8c9vs-tax ... rking.html

Well i haven't made any contribution in past 2 years and its at loss. Do I still report and file?
by karma
Mon Mar 09, 2015 7:57 pm
Forum: Canada / United States Tax & Accounting
Topic: Is a 3520 unnecessary for a Tangerine TFSA?
Replies: 41
Views: 36553

Sorry above posting was meant for another thread. :(
by karma
Mon Mar 09, 2015 6:02 pm
Forum: Canada / United States Tax & Accounting
Topic: What forms to fill - move recently on TN ?
Replies: 11
Views: 8461

Read this exact verbiage on another forum

"Form 3520 is to report distributions and withdrawals from the trust - if there were no contributions or distributions - that form is not required "

I haven't put in or pulled out anything in my LOSS making TFSA account. I don't have any RRSP investments ...
by karma
Wed Mar 04, 2015 2:15 pm
Forum: Canada / United States Tax & Accounting
Topic: What forms to fill - move recently on TN ?
Replies: 11
Views: 8461

And is March15th hard deadline for any of these forms ? appreciate your replies thanks !
by karma
Wed Mar 04, 2015 2:13 pm
Forum: Canada / United States Tax & Accounting
Topic: What forms to fill - move recently on TN ?
Replies: 11
Views: 8461

Thanks. For the TFSA when everyone here recommends to closing it - is it because of the filling/paperwork burden or the tax on any interest earned.

In my situation my TFSA is actually at a loss of close to 50% , would I be still taxed on it. I was hoping to keep it in the account for the long-run ...
by karma
Tue Mar 03, 2015 9:28 pm
Forum: Canada / United States Tax & Accounting
Topic: What forms to fill - move recently on TN ?
Replies: 11
Views: 8461

What forms to fill - move recently on TN ?

Hi there, thanks to all in advance for all the useful info. I am a total noob on taxes and recently moved to Florida on TN permit. The whole idea was for a new experience and not about salary -in fact took a salary cut. Never realized that all these fillings would be such a burden. As days go by I ...