Serbinski Accounting Firms

Thanks again. Makes sense, no purchases allowed under that type of account.

Hi again,

Sorry to add another wrinkle to this debate of mine. I get the rules on how self directed discount broker accounts work when moving to the US and becoming a tax resident there. You have to shut them down due to US rules. Except for maybe a RSP.

I was informed that if you didn't want to ...

[quote="nelsona"]Your impression was incorrect on non-registered holdings. The brokerage *could* allow you to leave them in Canada UNTOUCHED if they felt comfortable with that. Most do NOT. Transferring does noting to their cost basis (deemed disposition does of course, for Cdn purposes ...

Just wondering if someone could clarify this issue. I have a RSP, TFSA and non-registered accounts with TD Direct Investing. If moving to the US, I know I can keep the RSP as is (no contributions), the TFSA has no status in the US, and the non-registered holdings would be subject to deemed ...

Thanks for clarifying. Either way you pay, but there are little nuances from a taxation perspective.

Hi,

I'm sure these questions have been asked many times before so my apologies. I've been offered a position in the US and I would work under the temporary TN status. If I go, I will not have residential ties in Canada and would be taxed as a US resident. Depending on things, I would not be away ...