This is our main tax information forum which deals with topics concerning Canadians living and working in the U.S., U.S. citizens contemplating working in Canada, and all aspects of Canadian and U.S. income tax and related adminstrative issues.
I am working in the US on TN ..I have a bank account tied to my numbered incorporated company in Toronto currently having above 10K ..for the purpose of Form 8938 reporting where should i show this account ?
Yes. You have authority over this account. You must also include all other accounts, since these now form a total of over $10K.
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
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