Search found 3 matches

by chocopops
Sun Apr 03, 2016 6:19 pm
Forum: Canada / United States Tax & Accounting
Topic: reporting deemed disposition on 1040NR
Replies: 8
Views: 5898

Thank you very much nelsona for your help, in this post and throughout this forum. Your posts have been a very helpful resource in answering many of my questions. Thanks again!
by chocopops
Tue Mar 15, 2016 8:14 pm
Forum: Canada / United States Tax & Accounting
Topic: reporting deemed disposition on 1040NR
Replies: 8
Views: 5898

Thank you. A couple questions:

a) Does this mean I do not need to file anything with regards to my deemed disposition on my 2015 1040NR (no 8833, no T1243 attached)?
b) Where do I report the deemed disposition on my 2016 1040?
c) If I sold my stocks during 2016, can I already use the new cost basis ...
by chocopops
Mon Mar 14, 2016 7:36 pm
Forum: Canada / United States Tax & Accounting
Topic: reporting deemed disposition on 1040NR
Replies: 8
Views: 5898

reporting deemed disposition on 1040NR

I'm a Canadian citizen and I moved to the US in October 2015. I've worked and received a salary in the US since then, and will be filing 1040NR for 2015. I own Canadian stocks (acquired before the move) which is subject to deemed disposition. I would like to step up the cost basis for the US and ...