Canadian working in US (TN Visa) - Did not sell my non-registered canadian investments

[a_bushati]

Any help appreciated!

I left canada in may 2018, but i did not sell my non-registered investments when i left Canada. Neither have i sold my TFSA. At the time i cancelled my rent and i do not have any dependents nor wife. Basically i have no major residential ties to Canada.
This is a very broad question: How do i deal with any taxes that i would owe IRS (and or CRA) for any capital gains? At the time i left canada (if i had sold and closed my investments) i would be at around 10k CAD of capital gains. Whereas when i sell in the next few days I stand to be at 5k CAD capital loss.

Thank you,

[nelsona]

For Canada, you of course owe departure tax, on all your investments held outside your TFSA, valued the day you held them. That is part of your final tax obligation.

[a_bushati]

Thanks Nelsona!

What about for USA, the fact that i did not sell my non-registered investments and TFSA, would i owe anything for 2018, or even for 2019 (when the tax season come next year), considering that i am going to sell my canadian investments this year?

By the way are there any instructions on this forum about how to do taxes for my scenario:
1. Worked in Canada until early may 2018.
2. Moved to the States and have been working since May 2018.

I am looking for high level instructions (e.g. forms to fill for Canadian vs forms for States taxes). I am new to this site, and i am starting to explore, but if you have a thread in this forum you can point me at would be appreaciated!

Thanks

[a_bushati]

Is the form 3520 and 3520-a required to be filled to declare my TFSA amount which i still hold with BMO?

[nelsona]

You will not owe anything in US until you sell investments, or have dividends,
Worry about your Cdn departure tax return first.

A lot has been written on TFSA/trust reporting, I'll let you browse those topics.