Search found 80 matches
- Tue Feb 12, 2019 9:32 pm
- Forum: Canada / United States Tax & Accounting
- Topic: IRAs for non resident citizens
- Replies: 41
- Views: 18585
Re: IRAs for non resident citizens
Beloa00 There are no silly questions, we are dual citizens, once we relocate to Canada we will no longer have a US address Some US brokerage firms do not like to have NON US residents as clients, once you change your US address problems may arise with respect to the brokerage company were your IRA i...
- Fri Feb 08, 2019 11:59 pm
- Forum: Canada / United States Tax & Accounting
- Topic: FBAR Question
- Replies: 6
- Views: 3419
- Fri Feb 08, 2019 11:55 pm
- Forum: Canada / United States Tax & Accounting
- Topic: FBAR Question
- Replies: 6
- Views: 3419
Re: FBAR Question
thank you for the information, I appreciate it.
I am just trying to understand the reporting. we will have a crossboarder accountant, but I would like to educate myself if possible,
your examples are really helpful.
I am just trying to understand the reporting. we will have a crossboarder accountant, but I would like to educate myself if possible,
your examples are really helpful.
- Fri Feb 08, 2019 9:17 pm
- Forum: Canada / United States Tax & Accounting
- Topic: FBAR Question
- Replies: 6
- Views: 3419
Re: FBAR Question
thank you, I was just unsure, there will only be one account, the total amount over a 12 month period would be $24,000 , but never that amount at any one time. $2000 deposited each month , so at any one time there would be only be $2000 , maybe $2300 in the account, if there was carry over from the ...
- Fri Feb 08, 2019 6:43 pm
- Forum: Canada / United States Tax & Accounting
- Topic: FBAR Question
- Replies: 6
- Views: 3419
Re: FBAR Question
thank you .
- Fri Feb 08, 2019 4:08 pm
- Forum: Canada / United States Tax & Accounting
- Topic: FBAR Question
- Replies: 6
- Views: 3419
FBAR Question
Sorry if this has been asked before, i have searched but I am still not too sure, I am sure our tax accountant will know , but I would like to know before we meet him so I am aware of the situation. we are duel US/Cdn citzens, we will move next year to Canada I know we have to file Fed tax for ever,...
- Mon Feb 04, 2019 5:21 pm
- Forum: Canada / United States Tax & Accounting
- Topic: Americans living in Canada..state income tax filing ??
- Replies: 3
- Views: 1742
Re: Americans living in Canada..state income tax filing ??
Thank you Nelsona, We have not moved yet, I am just planning ahead..we would put our new address in Canada on the Fed and OH returns for the part yr we are in USA, then the following yr just file Fed tax returns, I just thought we had to formally inform OH tax dept that we have moved ( although they...
- Sun Feb 03, 2019 7:17 pm
- Forum: Canada / United States Tax & Accounting
- Topic: Americans living in Canada..state income tax filing ??
- Replies: 3
- Views: 1742
Americans living in Canada..state income tax filing ??
Hi, Since we are dual citizens usa/canadians , when we move to Canada I know we will be filing federal taxs each year.as well as canadian. The first yr we live in Canada we will file federal and state of ohio returns , and Canadian tax returns, then the following yrs we file federal and Canadian ret...
- Mon Jan 28, 2019 4:30 pm
- Forum: Canada / United States Tax & Accounting
- Topic: T1135 and IRAs , Roths
- Replies: 4
- Views: 2304
Re: T1135 and IRAs , Roths
Nelsona,
thank you, I know we will have a cross boarder tax specialist, but I feel better having some knowledge ( although limited in my case !! ) when we make the move, having a site like this really helps, thanks.
thank you, I know we will have a cross boarder tax specialist, but I feel better having some knowledge ( although limited in my case !! ) when we make the move, having a site like this really helps, thanks.
- Mon Jan 28, 2019 1:29 pm
- Forum: Canada / United States Tax & Accounting
- Topic: T1135 and IRAs , Roths
- Replies: 4
- Views: 2304
Re: T1135 and IRAs , Roths
Thank you nelsona,
btw....I called TDameritrade with regards to maintaining IRA/Roths for non US residents , they told me that they are able to maintain the funds , but no mutual funds,just wanted to share .
btw....I called TDameritrade with regards to maintaining IRA/Roths for non US residents , they told me that they are able to maintain the funds , but no mutual funds,just wanted to share .
- Mon Jan 28, 2019 10:30 am
- Forum: Canada / United States Tax & Accounting
- Topic: T1135 and IRAs , Roths
- Replies: 4
- Views: 2304
T1135 and IRAs , Roths
Hi Form T1135, from ...what I have read this foreign income verification that you have in another country, if it exceeds $100,000 Would you have to included IRAs and Roth IRAs on this form, I think when we do move to Canada we will have a US bank acct left open, but we were thinking maybe keeping ab...
- Mon Jan 21, 2019 9:14 pm
- Forum: Canada / United States Tax & Accounting
- Topic: IRAs for non resident citizens
- Replies: 41
- Views: 18585
Re: IRAs for non resident citizens
Thankyou
- Mon Jan 21, 2019 4:25 pm
- Forum: Canada / United States Tax & Accounting
- Topic: IRAs for non resident citizens
- Replies: 41
- Views: 18585
Re: IRAs for non resident citizens
thanks Nelsona , If fidelity force us to close the acct that will be the end of our plan to move. there is no way we could take the tax hit and survive, my husbands plan was to stop working at 55 and live from our savings in the bank, then take money from IRA down the road, but if we get hit with al...
- Mon Jan 21, 2019 3:52 pm
- Forum: Canada / United States Tax & Accounting
- Topic: IRAs for non resident citizens
- Replies: 41
- Views: 18585
Re: IRAs for non resident citizens
nelsona, read the first post from Phil , he said he has clients with fidelity.
I get a bit nervous with it all
thanks
I get a bit nervous with it all
thanks
- Mon Jan 21, 2019 3:50 pm
- Forum: Canada / United States Tax & Accounting
- Topic: IRAs for non resident citizens
- Replies: 41
- Views: 18585
Re: IRAs for non resident citizens
Hi, Yes I will definitely get a letter, I have read on this site that letters were sent to them, and just from researching on line that fidelity was not registered to advise non USA residents, I hope I am totally wrong, and we are able to maintain our IRAs in USA. I reached out to Vanguard and they ...