Search found 18293 matches

by nelsona
Fri Feb 09, 2007 11:55 am
Forum: Canada / United States Tax & Accounting
Topic: Canadian permanent resident commuter to US
Replies: 9
Views: 5454

1) Yes. The fact that you and she are residents of canada is sufficient. 2) You would need to look at teh child care expense rules. I seem to recall the need to provicde an SSN for the payee, which could be a problem. I believe others in your situation are claiming however with no problem. 3). Only ...
by nelsona
Fri Feb 09, 2007 11:49 am
Forum: Canada / United States Tax & Accounting
Topic: tn visa any tax in cnd?
Replies: 1
Views: 2171

Yes, for 3 reasons. 1) Since you left so early in 2006, you don't get a full $8500 exemption, you'll get maybe $1000, so you need to actaully determine if you have any tax to pay. 2) When you leave, you need to pay departure tax on any investments you owned on the day you left. You need to report ev...
by nelsona
Fri Feb 09, 2007 10:05 am
Forum: Business & Personal Immigration to the United States
Topic: What are they smoking at the Vermont Processing Center?
Replies: 7
Views: 7632

"Submit a copy of your Form I-94, Nonimmigrant Arrival/Departure Record, showing your admission to the UnitedStates and current status, or other evidence of your status." OR is a pretty nice word. In this climate of retrogression, I would have filed I-485 (and I-140 if not done yet) at the...
by nelsona
Fri Feb 09, 2007 9:47 am
Forum: Canada / United States Tax & Accounting
Topic: TN Holder with PR of Canada Husband working in Canada
Replies: 3
Views: 2267

If you filed a 1040, that meant you were supposed to rerport all world income for the year on it.

You amend returns with 1040-X.

Ttax is only as accurate as the data you enter.
by nelsona
Fri Feb 09, 2007 9:45 am
Forum: Business & Personal Immigration to the United States
Topic: What are they smoking at the Vermont Processing Center?
Replies: 7
Views: 7632

1) All service centers are equally bad.

2) you can file I-485 without the I-94. You are in status.

3) See 1.

My PD is 03-May-2002.
by nelsona
Thu Feb 08, 2007 11:00 pm
Forum: Canada / United States Tax & Accounting
Topic: Estate Tax
Replies: 1
Views: 1784

IRS would not be allowed to INCOME tax it if you transferred it to your spouse, since that would not be taxed in Canada (that is a treaty provision).
It would be the same as when you transfer to an RRIF.

The same will happpen if you divorce and transfer part of your RRSP in the settlement.
by nelsona
Thu Feb 08, 2007 5:55 pm
Forum: Canada / United States Tax & Accounting
Topic: Deduction of attorney fees
Replies: 4
Views: 3087

.. i meant 2% minimum.
by nelsona
Thu Feb 08, 2007 5:38 pm
Forum: Business & Personal Immigration to the United States
Topic: What are they smoking at the Vermont Processing Center?
Replies: 7
Views: 7632

44, may I call you 44, ... and your concern is? If you need to leave the country, they can look up your approval in the system. you need a new I-94 when you come bacjk anyways. If your not leaving the country, you've still got time left on the 240 days. Call back after 30 days. In the meantime, I'd ...
by nelsona
Thu Feb 08, 2007 5:33 pm
Forum: Business & Personal Immigration to the United States
Topic: H1-B question about a new born!
Replies: 4
Views: 5471

Cdns never need a consular visa stamp to enter US, except in rare cases (and H4 is not one of them).

Your newborn will get an H4 just like the others, at the border, when entering, with proof of your H1 and birth cert.
by nelsona
Thu Feb 08, 2007 5:31 pm
Forum: Canada / United States Tax & Accounting
Topic: Foreign Earned Income Exclusion & Roth IRA
Replies: 6
Views: 3843

telly, ask your question elsewhere. We're trying to avoid hi-jacking, eh?
by nelsona
Thu Feb 08, 2007 5:28 pm
Forum: Canada / United States Tax & Accounting
Topic: Deduction of attorney fees
Replies: 4
Views: 3087

Yes. Miscellaneous employment related expense.

Won't give you much of course, since it is subject to 25% minimum.

Try to pay everyting combined one year.

This would cover all fees related to your process (photos, filing fees, etc).
by nelsona
Thu Feb 08, 2007 5:26 pm
Forum: Canada / United States Tax & Accounting
Topic: US visitor
Replies: 6
Views: 3532

... and don't forget that they are not entitled to 'snowbird' coverage like from Cdn blue cross. All those plans assume that you are maintaining Cdn residence, and only pay after the province has paid.
by nelsona
Thu Feb 08, 2007 5:24 pm
Forum: Canada / United States Tax & Accounting
Topic: US visitor
Replies: 6
Views: 3532

In the US, there are very few health insurance plans that cover 100% of expenses. They typically have a deductible, then you pay a percent of expenses, with a ceiling). And probably doesn't cover Rx. Any coverage better than this is going to cost you more than $1000/mo.
by nelsona
Thu Feb 08, 2007 5:20 pm
Forum: Canada / United States Tax & Accounting
Topic: Canadian spouse 401K beneficiary
Replies: 4
Views: 4266

I would question the 1.5 million for non-USC. It might be though. While your 401(K) might be your only US-based asset, your estate would include EVERYTHING, including your Cdn pensions, insurance, assets, house, etc. So, your estate could EASILY be more than 1.5 million (I would think it already is)...
by nelsona
Thu Feb 08, 2007 2:48 pm
Forum: Canada / United States Tax & Accounting
Topic: Canadian spouse 401K beneficiary
Replies: 4
Views: 4266

Anything pension that you transfer to your spouse at death will not be subject to US or Cdn INCOME tax. However, If (when) you die, your 401(K) is part of your estate, so lets deal with that first. Whatever you bequeth to your wife (except for a few $K -- drastically less than the millions if she we...