Serbinski Accounting Firms

I just recieved my draft copy of my completed 1040 and 1040NR from my Accountant. I emailed some questions to him as I want to be armed with information to formulate an accurate response and to ensure this has been done correctly. First: I own shares in my company (publicly traded) and he has tabula...

Ok....thanks Nelsona.

I just thought I read somewhere on the IRS site that individuals that filed 1040NRs still have to include 8938s and 8891s.

So my question is i suppose answered.

There is a question in there somewhere...

I will ask it again;

Do I attach one copy of 8938 and 8891 to the 1040/1040NR package, or is it a requirement to attach an additional copy to the 1040NR?

I will ask this question a different way. I relinquished my US citizenship in December of 2012... I have to fill out a 1040 and 1040NR. I understand that I attach my 8891 and 8938 forms to the 1040, but for the 1040NR do I also have to attach the same forms? If so are they just duplicates of the one...

Always the beneficiary on the 8891 form.

You don't.

8891 is for RRSP elections.

I am filing a 1040 from Jan 01 2012 to December 12th 2012, and then a 1040NR for the remainder of the year (to December 31, 2012). With regards to the 8938 and 8891 obligations, would I file an 8938 from Jan 01 to December 12th, and than an additional 8938 on the 1040NR for the remaining days of tha...

Just some simple items to make sure I am still on track with this form... Since I reliquished my citizenship on December 12th....i use the december 12th exchange rate when tabulating the balance sheet....correct? I am assuming 'Other assets' on line 19 of the 'assets sheet would indicate items such ...

Nelson...one more question on this page... On item 'F' it asks if 'you have ever changed your visa type (nonimmigrant status) or US immigration status?.... for this i answered 'YES' and indicated the date and nature of the change as; relinquished citizenship effective Dec 12, 2012. Have I interprete...

Thanks Nelsona.

Milling my way through page 5 of 1040NR (Schedule OI other information). On line "E" it asks what your United States immigration status was on the last day of the tax year....since I relinquished my citizenship December of 2012...would I place "relinquished" on this line? I am so...

Directly from the IRS website; Foreign real estate is not a specified foreign financial asset required to be reported on Form 8938. For example, a personal residence or a rental property does not have to be reported. If the real estate is held through a foreign entity, such as a corporation, partner...

I am unaware of my reluctance to do minimal extra steps, other than form 8833, which, after reviewing it seems pretty straight forward. I think if you look at my previous post, I was questioning the reasoning behind it for my own peace of mind. Another issue is that I want to be well informed on thi...

Nelsona...i looked up that treaty article and it specifies:

This Convention is generally applicable to persons who are residents of one or both of the Contracting States.

If I have never resided in the United States, would this article still apply to me?

Thanks Nelsona. I suppose this form is quite simple. The original poster also described avoiding the filing of "1040 and 1040NR labelled 'dual-status year'. With regards to 'dual status year' I have heard many say that if you file the 1040NR and 1040 in the same year ensure you right "dual...