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  1. Canada Expat Forum for Expats Living in Canada
    Hi I am still considered a US citizen although I've been living in Canada for several decades. I am also a Canadian citizen and file taxes, work and own a home here. I received a Canadian t4a for my Cdn annuity payments received for the year and I'm unsure where I would claim that on my US...
  2. USA Expat Forum for Expats Living in the USA
    Hello, It seems like TFSA is causing a lot of headaches for folks including myself. I was looking for answers on this forum but wanted to know if anyone can help me with my current situation? I closed my TFSA (savings only) account May of 2015 when I found out that there was a huge tax issue...
  3. Expat Tax
    Good afternoon, I've really appreciated the other information in this form Form 3520. I have a very specific question that hasn't been answered yet as far as I can tell: how exactly the report contributions to a foreign trust. The language on the form is opaque to me, and the instructions...
  4. Canada Expat Forum for Expats Living in Canada
    Born in US but living in Canada as a Canadian citizen for quite a few years, I am frustrated by the IRS reporting requirements and the cost of reporting while actually not owing them any taxes. I am reluctantly considering giving up my US citizenship to rid myself of the cost, bother and worry...
  5. Expat Tax
    Last year , in July, I closed my TFSA, (tax free savings account in Canada), and the money was deposited into my NRA spouses account. The question I have is if i need to report the interest earned on the TFSA for 6 months of 2012 only. The canadian government didnot issue any type of receipt...
  6. Expat Tax
    Hi, I'm very confuse and hope someone can clarify my situation. In 2008, I open a Saving Account TFSA from ING Direct and every year I invest the maximum per year. $5K From what I'm reading lot of people mention that we need to fill 3520 / 3520A for TFSA, but there seem to be different TFSA...
  7. Expat Tax
    Hi, Try to read all forums as much as I can't but can't find a clear answer. Us Citizen who came in Canada in 1975. I'm back filling my tax 2009-10-11 and 6 years Fbar (already sent). Following advice on this forum by Bev I start with forms 2555 => Forms 1040. I have Tax Free Saving Account...
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