Serbinski Accounting Firms

Thank you Nelsona. My wife is self-employed (music teacher) with business located at our house. Does this make the capital gains from selling the house eligible to be considered as general category income?

Are capital gains from selling the primary residence home in Canada considered as "General category income" for form 1116 "Foreign Tax Credit"? My wife and I are US citizens living in Canada. We plan to sell our house in Canada that has been our only home for 15 years. Over the 1...

Thank you, Nelsona. If I deduct the contributions made to RPP in line 7 of 1040 based on the treaty, should this be explained in a form 8833?

I am a US citizen living in Canada. In Canada, I have a Registered Pension Plan from work which is a Defined Benefit plan. Question: Is any reporting needed for my Defined Benefit pension plan? (I do not meet the thresholds for form 8938). More specifically, should form 8833 or any separate statemen...