Bird Talk » Dollars & Sense

Posted date : May 11, 2022.

I read your comments on filing IRS 8840. If one files the form every year, you stated that one can stay in the U.S. for a maximum of 182 days….

Posted date : Jul 23, 2021.

I just received, on April 30, 2021, the following e-mail: ‘Wells Fargo now requires that all consumer retail deposit customers provide a valid primary physical address located within the United States or its territories…..

Posted date : Jul 22, 2020.

In addition to where we winter, we also have a U.S. rental property and have been filing 8840 and 1040-NR each year. The CPA charges $300 to file just the two 8840s….

Posted date : Jul 22, 2020.

Having just returned from six months in the U.S., I undertook to, once again, fill in Form 8840. This year, I note that the I.R.S. is seeking, in question #13, whether or not I filed tax returns for 2019..

Posted date : Jul 22, 2020.

8840 Question #28 − Did you have any income from U.S. sources? I own a Canadian small business (corporation) and it was paid by a U.S. company

Posted date : Jul 22, 2020.

Do I need to fill out the 8840 if I filed a U.S. income tax return?

Posted date : May 5, 2020.

We use your currency exchange program on a regular, year-round, monthly basis. How can I make an additional one-time transfer?

Posted date : Sep 30, 2019.

We own a second home in Mesa, Arizona. I am aware that any capital gain on a real estate sale in the U.S. is reportable and taxable. There is also a 15% withholding tax on the sale price…

Posted date : Aug 9, 2019.

I am considering selling my U.S. condo and wonder if you have any advice on this. I have owned it for 10 years and it has gone up in value, so I know that I will pay capital gains tax in the U.S. Will the profit be counted as income in Canada?

Posted date : Aug 9, 2019.

In 2019, we rented our Florida/Jensen Beach condo out to Americans (for the first time) for the months of February/March through a Jensen Beach-based realty management company. Can we pay the tax on these U.S. rental earnings in Canada, or must we pay it to the IRS?