Search found 5 matches

by curiousCase2018
Mon Feb 14, 2022 9:26 pm
Forum: Canada / United States Tax & Accounting
Topic: 3520A - Authorization of Agent - Authorizing myself as US Agent?
Replies: 0
Views: 16003

3520A - Authorization of Agent - Authorizing myself as US Agent?

I am from Canada living in USon TN and been filing US taxes. I am trying to fill 3520A form myself as Canadian institutions wouldn't file it. I want to know if I can authorize myself as the US agent? Instructions of 3520A form has the template on page 5 of instructions of form 3520a, I am wondering ...
by curiousCase2018
Sun Mar 17, 2019 5:31 pm
Forum: Canada / United States Tax & Accounting
Topic: Canadian with TN Visa, broke TFSA GIC while being a resident of US. Will that count towards income?
Replies: 0
Views: 11205

Canadian with TN Visa, broke TFSA GIC while being a resident of US. Will that count towards income?

Hi, I am a Canadian TN Visa holder and a resident of US (not green card but only resident for tax purpose). I had TFSA GIC account with Canadian institution. When they matured last year, I closed the account. Do I need to report the proceeds that I received from closing TFSA (principal+interest) as ...
by curiousCase2018
Sat Mar 16, 2019 10:02 am
Forum: Canada / United States Tax & Accounting
Topic: Closing a TFSA
Replies: 4
Views: 3614

Re: Closing a TFSA

When you say 'investment income' after closing a TFSA GIC account, does that mean the principal + interest or just the interest that is generated by the GIC? For example, if I had 5000$ principal in a TFSA and I decided to close it, and after closing if I am receiving 5050$ (principal = 5k$ + intere...
by curiousCase2018
Sun May 06, 2018 9:39 pm
Forum: Canada / United States Tax & Accounting
Topic: Closing a TFSA
Replies: 4
Views: 3614

Is this true for a TFSA GIC account in Canada? I am resident in US and have TFSA GIC account where the institution allows me to pull money before the maturity date and close the TFSA account. I filled up trust documents (3520) for it for 2017 taxes, would I still do it for 2018 taxes submittals next...
by curiousCase2018
Sun Apr 08, 2018 7:40 pm
Forum: Canada / United States Tax & Accounting
Topic: F3520 and F8621 for a TFSA account
Replies: 1
Views: 2031

F3520 and F8621 for a TFSA account

I am filing for the first time as a US resident. I have TFSA accounts in Canada. They are spread out between mutual funds, GICs and index funds. None of the accounts individually are more than 25,000US$. Thus, I believe I do not have to file form 8621 becasuse indivdually they are not above $25,000 ...