I apologize for the repetition in my answer...
But to make sure I am clear on what you are suggesting.
We should be able to sell off/close TFSA's, transfer our daughter's RESP to a family member, and then we should be able to file as a US resident?
There are no egregious fees, fines, etc. in ...
Search found 3 matches
- Fri Jan 29, 2016 4:38 pm
- Forum: Canada / United States Tax & Accounting
- Topic: Canadian moving to the United States: TFSA RESP concern
- Replies: 12
- Views: 10481
- Fri Jan 29, 2016 2:18 pm
- Forum: Canada / United States Tax & Accounting
- Topic: Canadian moving to the United States: TFSA RESP concern
- Replies: 12
- Views: 10481
- Fri Jan 29, 2016 1:43 pm
- Forum: Canada / United States Tax & Accounting
- Topic: Canadian moving to the United States: TFSA RESP concern
- Replies: 12
- Views: 10481
Canadian moving to the United States: TFSA RESP concern
My family has <$20,000.00 in Resp/TFSA's. We have been advised that we need to close these accounts immediately as they have to be claimed/declared at tax time.
1) Why is this such a burden? Why is it so expensive to deal with?
2) I have been advised to close the accounts, and file my 2016 us ...
1) Why is this such a burden? Why is it so expensive to deal with?
2) I have been advised to close the accounts, and file my 2016 us ...