Another unplanned CA TN holder need some help

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Chenml
Posts: 1
Joined: Fri Jan 11, 2013 1:51 am

Another unplanned CA TN holder need some help

Post by Chenml »

Well, I am glade I found this place :lol:

As stated in the subject, before I moved to US, I didn't do enough homework in Tax.

I moved to US in Sep 2012. Husband will move in Feb 2013. We put our house for sale, hopefully it will be sold soon. My husband has RRSP from his soon to be ex-employer, not a lot, less than 10000. I have only 1000 in my personal RRSP account. We do owe money on the home buyer plan. So I was planing just to leave my RRSP there to "pay" for the HBP.

Questions,

1, do I file an departure return on Canadian one?
2, file a dural in US one?
3, do we need to do anything with the RRSP? If we leave it as it is, until we retire, will that cause any trouble for us?
4, we have a lot contribution room in our RRSP, should we continue put money into it?
5, once we sell the house, do we need to file any paper to break the residency tie with Canada?

Thanks in advance, Nelsona and others ......

:D :D
nelsona
Posts: 18686
Joined: Wed Oct 27, 2004 2:33 pm
Location: Nowhere, man

Post by nelsona »

The moment you leave Canada, the HBP becomes due, as you probably have figured out.

the other questions have been answer zillions of times. Happy searching
After 20 years, I am severely cutting back on responses. Do not ask specifically for my help. There are a few others on this board that can answer most questions. All the best
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