Search found 2 matches

by jeff_kerr
Fri Apr 15, 2016 3:55 pm
Forum: Canada / United States Tax & Accounting
Topic: Accounts in Canada, becoming USA resident alien
Replies: 1
Views: 1682

Based on further reading, I think I can simplify my main confusion.

How to deal with foreign exchange rate for money left in Canada?
a) For bank account, no impact as there is no "transaction" if it stays in Canada? Also no impact if I bring to the USA at a later date?
b) For non-registered ...
by jeff_kerr
Wed Apr 13, 2016 4:46 pm
Forum: Canada / United States Tax & Accounting
Topic: Accounts in Canada, becoming USA resident alien
Replies: 1
Views: 1682

Accounts in Canada, becoming USA resident alien

Hello Canada/USA tax experts,

I am a Canadian student studying in the USA and just crossed the substantial presence limit (5 years for F1 students) as of Jan 1 2015. I wonder if you could help me in understanding USA resident alien taxes for 2015 tax year? I have done my own research, but not super ...