Search found 110 matches
- Wed Jul 10, 2013 5:50 pm
- Forum: Canada / United States Tax & Accounting
- Topic: Streamlined, 8854, tax obligations for 5 preceding tax years
- Replies: 8
- Views: 6692
- Tue Jul 09, 2013 10:58 pm
- Forum: Canada / United States Tax & Accounting
- Topic: Streamlined, 8854, tax obligations for 5 preceding tax years
- Replies: 8
- Views: 6692
- Mon May 27, 2013 11:21 am
- Forum: Canada / United States Tax & Accounting
- Topic: 1040/1040nr
- Replies: 40
- Views: 22910
My pre-renunciation income is all canadian source and paid tax to the CRA. I understand what you are saying about the IRS tele-operators, but i will tabulate the dates as advised, since this Accountant Firm can discuss this with the IRS if it comes back to me. and like you said, tax dates or no tax ...
- Mon May 27, 2013 9:24 am
- Forum: Canada / United States Tax & Accounting
- Topic: 1040/1040nr
- Replies: 40
- Views: 22910
Dualupset I was involved in that thread you mention re final tax return following relinq. I went to an accounting firm for my final return and they calculated it very similar to yours. All my CDN income was calculated on the 1040 to the date of relinq. which was December 12 th 2012. Then the 1040 NR...
- Sun May 26, 2013 5:46 pm
- Forum: Canada / United States Tax & Accounting
- Topic: 1040/1040nr
- Replies: 40
- Views: 22910
Clearly advising you to place your pre-October (non-US income) on the 1040NR is a mistake, I can only assume this was a fumble in wording alone. This excerpt was copied directly from Phil Hodgens forum regarding renouncing ones citizenship and the tax implications: The filing deadline is the same as...
- Thu May 16, 2013 10:56 am
- Forum: Canada / United States Tax & Accounting
- Topic: Form 8854
- Replies: 2
- Views: 1961
- Thu May 16, 2013 10:55 am
- Forum: Canada / United States Tax & Accounting
- Topic: Form 8854
- Replies: 2
- Views: 1961
- Thu May 16, 2013 10:20 am
- Forum: Canada / United States Tax & Accounting
- Topic: Fired accounting firm tonight for OVDI
- Replies: 2
- Views: 2466
I am not sure why your accountant would have gone this route. As you say, you owed 50 to 100 dollars of tax to the IRS over the last 8 years...well below the 1500 tax owing that the IRS would not allow you to go into the streamlined filing procedures. With respect to the 8891's you now have to get a...
- Wed May 08, 2013 6:07 pm
- Forum: Canada / United States Tax & Accounting
- Topic: Effective tax dates
- Replies: 13
- Views: 7306
- Wed May 08, 2013 10:51 am
- Forum: Canada / United States Tax & Accounting
- Topic: Effective tax dates
- Replies: 13
- Views: 7306
- Wed May 08, 2013 10:24 am
- Forum: Canada / United States Tax & Accounting
- Topic: Effective tax dates
- Replies: 13
- Views: 7306
- Wed May 08, 2013 9:34 am
- Forum: Canada / United States Tax & Accounting
- Topic: Effective tax dates
- Replies: 13
- Views: 7306
- Wed May 08, 2013 8:35 am
- Forum: Canada / United States Tax & Accounting
- Topic: Effective tax dates
- Replies: 13
- Views: 7306
Silly questions? Agreed that these types of questions would be considered 'silly' if the IRS was not so anal in dotting the 'i's and crossing the 't''s. Unless you have been living under a rock somewhere, this is the system they govern under..i dont like it, but nonetheless I (we) all have to ensure...
- Wed May 08, 2013 7:27 am
- Forum: Canada / United States Tax & Accounting
- Topic: Effective tax dates
- Replies: 13
- Views: 7306
Effective tax dates
was a US citizen until my relinquishment on December 12th 2012. I am filing both a 1040 and 1040NR Just finishing the 8938 and 8891 forms and wondering about which tax dates I tabulate for the 8938 and 8891? Do i identify the 8891 as just "for calender year 2012" or do I need to specify th...
- Mon Apr 29, 2013 10:17 am
- Forum: Canada / United States Tax & Accounting
- Topic: Make a quiet disclosure?
- Replies: 5
- Views: 3284
The beauty of your situation is that you DID file a tax return for 2009....all you would be doing is amending it with a 1040X...and the fact that you did not owe any tax for that year eliminates any discussion for penalties or fines on interest owing...which there is not. Filing a 1040X to amend an ...