TD F 90-22.1

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.

Moderator: Mark T Serbinski CA CPA

Post Reply
RAXDFW
Posts: 6
Joined: Fri Apr 03, 2009 1:02 pm

TD F 90-22.1

Post by RAXDFW »

When completing the form 90-22.1

do you include Line of Credit accounts or credit cards that are open in Canada? ( i will be closing them soon, but report for 2008 yr)

First thought would be no, as they never paid me anything. I just wanted to clarify on this board.

Thank You
Top
nelsona
Posts: 18677
Joined: Wed Oct 27, 2004 2:33 pm
Location: Nowhere, man

Post by nelsona »

If you carried a positive balance (that is, they owe you) I would list it. But otherwise, just like a credit card, it doesn't belong on TD form
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
Top
Post Reply

Return to “Canada / United States Tax & Accounting”