Quiet Disclosure, Voluntary Disclosure or ?

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.

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beaconhill
Posts: 30
Joined: Sat Oct 25, 2014 10:42 am

Quiet Disclosure, Voluntary Disclosure or ?

Post by beaconhill »

I was born in the US but moved to Canada at age three. I've been filing FBARs for a few years, but have not filed income tax returns. I've bought and sold properties in the US, and have paid taxes on the income or capital gain in Canada, and not the US (apparently that is incorrect). I spend too much time in the US so am not eligible for streamlined program. Any suggestions? Vountary Disclosure? Quiet Disclosure? Something else? Should I expect fines?
Thanks a lot!
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