I moved back to Canada in November 2012 after living in the US for the past five years. Last year I had a CPA prepare my 2011 US and Canada returns and was shocked when I was billed $2,200 for what I see as a relatively simple tax situation. (W2, 1099-INT from the bank, statements of 401K and RRSP contributions and charitable donations)
I still haven't recovered from paying so much last year and well, it's that time of year again.
What are my options of having my US and Canadian returns prepared for a more reasonable amount? Can I get a US tax preparer in the States and a different one in Canada or is there some sort of connection that's required? Can I do the taxes myself using a TurboTax package from the US and one from Canada? I have my 2011 returns to use as a guide. I'm scared I'll miss something or do something wrong, but it's awfully tempting under the circumstances.
posted by Babushka
on Feb 17, 2013 -
I'm seeking recommendations for tax consultants in the UK, or in the US, or maybe both, to figure out where I need to pay taxes. [more inside]
posted by olinerd
on Jun 19, 2012 -
Please tell me exactly what I need to do to catch up on filing the tax returns that I didn’t complete for the last 4 years as a US citizen living abroad. [more inside]
posted by cilantro
on Oct 14, 2011 -
As a US citizen, living and working abroad for many years, I recently heard of a new law that I must file tax returns on the US by Aug 31, 2011 or face a penalty. Anyone know about this? If US citizens live and pay taxes abroad, they generally are exempt up to $91,500.
posted by foxinsocks
on Aug 27, 2011 -
I moved to Canada in 2008, but I haven't paid US taxes for the past three years. How much trouble am I in? [more inside]
posted by anonymous
on Aug 16, 2011 -
Unexpected inheritance of $100,000 - $150,000 complicated by move from the US to the UK in the next year. My wife and I have never dealt with financial matters beyond credit cards and a moderate paycheck before, who do we talk to in Los Angeles/Southern California to make sure we don't screw this up? [more inside]
posted by anonymous
on Feb 1, 2011 -
I’ve been living in London for the past 6 months, and somehow the US tax deadline escaped my radar until now. Help! [more inside]
posted by Danah_78
on Apr 14, 2010 -
I cashed out some stock options (my employer's stock) and I got a 1099B and W2, 1099B shows gross proceeds of stock sale, W2 includes profits. How does this work? [more inside]
posted by smcameron
on Feb 24, 2010 -
With all the bickering over taxes in the election campaign, I'm trying to get a broader picture of US income tax history, theories behind past policies, and analysis of how they worked (in idiot friendly language). [more inside]
posted by p3t3
on Oct 17, 2008 -
FinancialOpinionFilter: I qualify for the new Federal Housing Tax Credit
! Yay! But since I have to pay it back it hardly seem useful. Plus there's extra hassle with taxes for the next 15 years. Should I bother claiming it?
posted by GuyZero
on Aug 7, 2008 -
U.S. tax question: if I'll definitely be receiving a refund rather than paying tax, what will happen if I neither file nor file an extension by the end of the 15th? (Will it just mean that I won't receive my refund until I do file -- or will it mean a fine/fee that reduces my eventual refund?)
posted by lorimer
on Apr 15, 2008 -
Paying US back-taxes: should I go for an installment plan or pay it all now, and pay off the credit card companies instead? [more inside]
posted by anonymous
on Feb 26, 2008 -
Like a lot of Latinos, I have a huge name. I am afraid that, in the long run, it may get me in trouble in the US. Help me prevent it. [more inside]
posted by falameufilho
on Jan 2, 2008 -
Why is my 'effective tax rate' listed on my return much lower than the amount of taxes I actually paid?
posted by jazzkat11
on Apr 12, 2007 -
Is there a tax accountant in the hizzouse, the 2nd ...
I did some work for some guys to make ends meet last year. Also, I had some income from unemployment. I need to file quarterlies next week for this stuff ... which forms do I need to file? [more inside] [more inside]
posted by SpecialK
on Jan 9, 2004 -