Search found 63 matches

by nirvana_1959
Fri Mar 18, 2016 6:20 pm
Forum: Canada / United States Tax & Accounting
Topic: Question about non resident US tax filing
Replies: 12
Views: 4819

Thanks Nelson. Dhillon's filing of 3520 (for TFSA), FinCen along with 1040NR and treaty based NRA position threw me off.
by nirvana_1959
Fri Mar 18, 2016 11:53 am
Forum: Canada / United States Tax & Accounting
Topic: Question about non resident US tax filing
Replies: 12
Views: 4819

[quote="nelsona"]Technically the treaty position that allows you to file 1040NR even though you meet residency rules, does NOT extend to all other obligations of US residents, so 3520 and FinCEN should probably still be filed..[/quote] Quick question... What benefit does one get from takin...
by nirvana_1959
Fri Mar 18, 2016 9:33 am
Forum: Canada / United States Tax & Accounting
Topic: Where Does RESP Withdraw by Student go on his US 1040?
Replies: 27
Views: 28062

My $0.02. Converting RESP to cash is not going to make income earned in RESP disappear. You still have to deal with it when EAP is made to your son. In my case my son (beneficiary) is dual citizen and I am Canadian citizen/resident. Reported the EAP on 3520 followed by convoluted calculation to figu...