Search found 6 matches

by mel99
Mon Jun 11, 2018 7:19 pm
Forum: Canada / United States Tax & Accounting
Topic: Best way to transfer Money from Canada to the USA?
Replies: 11
Views: 5995

Re: Best way to transfer Money from Canada to the USA?

hard to figure out which ones are reputable....years ago..customhouse out of Victoria BC was pretty decent....then they got bought out by Western Union!!
by mel99
Sat Jun 09, 2018 1:18 pm
Forum: Canada / United States Tax & Accounting
Topic: Best way to transfer Money from Canada to the USA?
Replies: 11
Views: 5995

Best way to transfer Money from Canada to the USA?

My dad, solely a Canadian Citizen & Resident.....I am a Cdn citizen but NOT a resident...I reside in the USA as a USA citizen & resident. He wants to gift me some $$$$$.....I realize I will just need to declare this on my USA taxes using form IRS 3520. But what is the best way for him to tra...
by mel99
Wed Mar 07, 2018 8:17 am
Forum: Canada / United States Tax & Accounting
Topic: Annual Hiatus
Replies: 2
Views: 2092

enjoy the break..we appreciate ur help......Now if only their as a way one could SEARCH for info....that technology is prob decades away,lol Thanks again
by mel99
Fri Jan 12, 2018 11:43 am
Forum: Canada / United States Tax & Accounting
Topic: Inheritance...leave $$ in Canada???
Replies: 5
Views: 3343

[quote="nelsona"]That would be their policy. I have an account with BMO going on 18 years now.[/quote]

Good to know....ty
by mel99
Fri Jan 12, 2018 11:14 am
Forum: Canada / United States Tax & Accounting
Topic: Inheritance...leave $$ in Canada???
Replies: 5
Views: 3343

[quote="nelsona"]You are correct, except that you would only need to report on 3520 if the gift from your father totaled more than US$100K. You should be able to open an account in Canada. You have a SIN number after all. US residents are not taxable in Canada on their bank interest earned...
by mel99
Fri Jan 12, 2018 10:41 am
Forum: Canada / United States Tax & Accounting
Topic: Inheritance...leave $$ in Canada???
Replies: 5
Views: 3343

Inheritance...leave $$ in Canada???

Hello. I have dual citizenship USA/Canada (Born in Canada). I have resided in the USA for over 10 yrs now and I am a NON-resident of Canada. I own nothing in Canada. My father, who is back in Canada and solely a Cdn Citizen is possibly selling his condo soon and wants to give us kids the $$ from it,...