Serbinski Accounting Firms

Filing a full year 1040 entitles you to the standard deduction, along with anything else that 'normal' US filers get on their 1040. That is one of the main reasons to file 1040 rather than 1040NR or part-year 1040. The trade-off is that you MUST report all world income As I keep telling you, how you...

Your question leads me to think that you have always been a US citizen. As such, you should have known that your contributions would be tax-free on withdrawal, and should have been tracking these. After all, you were reporting these contributions as income on your 1040. Have you not kept records of ...

You should be filing this form now. You can argue later that as an emigrant your status was unclear and that now you know that you are non-resident, and not pay penalty. As for all the other forms, these are listed in the Emigrants guide. Check each one, but I'm quite sure that these are only due wi...

As I've told you at least twice, how you file in US had no bearing on your residential status in canada, once you and your spouse moved to US, you became non-resident. Period.

Your values for 7a and 7b are correct. these are then brought to 16a and 16b on 1040. This income is "general limitation" income. the ammount of the income is 16b. You still use all the Cdn tax you paid toward the calculation. If done correctly, you may note that you get very little credit...

1. mat benefits are allowed to be paid while outside canada. You will have to refund all the others. 2. Your CPP and EI were collected based on your weekly earnings. If you reached the max, it is because you earned the max by the time you left. You will not be getting any back. had you read the emog...

maternity benefits CAN indeed be collected after you leave canada, so I would not worry about that. in fact, they are subject to a flat tax which is probably less than your provincial rate, so you should have told them when you left it was to your advantage. 1. No. You left in June. You have no basi...

Again, you will calcualte the income on your 1040 the way IRS wants you to, and you will reprt the Cdn tax that you paid. the fact that you paid little cdn tax on the money means just that: you will have little Cdn tax -- or in your case, none -- to get credit for. This makes perfect sense doesn't i...

I think that she will be fine staying US on TD with corluc on TN. As to his assertion that all those who marry outside canada come back to canada without a job or a place to live.. c'mon, give us some credit. They find a job before leaving, they have a pretty good idea where they are going to live, ...

Your cap gains are not considered US-source when you live in canada. Only your dividends and interest from US sources are. You will only be claiming credit for US tax on your US-sourced dividends, as I said in my initial response. For your Cdn-source dividends, you will ignore the gross up (in deter...

Bill, believe it or not we've had this same argunment on a TN website with corlucSame 'wants', same denials.

"What does it mean "sponsor has to live in Canada" when the sponsored person becomes PR?" The application, which you seem to stick your noese up at, expalins what it means to livei nCanada: have a home there, a job there, go to school there, give up your ties in other countries. ...

You don't use marginal rates for anything. Rather than trying to figure taxrates for all your income, simply come up with the tax for each type of income. After all, it is the tax amount that you will put on the 1116s. You pay $10,000 tax, divvy up the tax for each type of income as I described abov...

Then you must have read my suggestion to read the Emigrant guide from CRA, and the International section of the CRa website.

It really has good information.

Your filing in Us has little impact, if any on your Cdn departure return.

... and even with the vast information I have produced here, most newcomers say: "All intersting but MY case is different (it usually isn't) and so what should I do."