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by BT163
Sat Feb 06, 2016 1:48 pm
Forum: Canada / United States Tax & Accounting
Topic: Another TFSA intricacy
Replies: 1
Views: 1507

Another TFSA intricacy

Hi all,
I'm trying to help a Canadian friend who just learned that TFSAs are taxable in the US. This person has lived here full time for the past 4 years and paid taxes in both the US and Canada. Meanwhile, this person had 2 separate TFSAs and did not realize that these could be taxed in the US ...