Serbinski Accounting Firms

Hi Dave,

The problem is that I also had a Canadian checking account which pushed me over the $10K mark.

Wait a sec... since my foreign accounts are well below $50,000 -- do I even need to file anything beyond the 1099 interest amounts from the RRSP and TFSA + the FBAR listing all of the accounts?

Hi,

Here's my situation:

April 2013: Moved to USA from CANADA

March 2014: Filed first US taxes for 2013 year
I used Turbo Tax to file, and didn't understand the need to disclose my Canadian accounts (first it asks you "do you have foreign accounts with more than $10K? Yes -- you may need to ...