u/Bulldog1848

▲ 15 r/CanadaInvesting+1 crossposts

I’m a dual U.S./Canadian citizen having lived by far most of my life in Canada and found out that I face possible IRS taxation on my Canadian TFSA account which I’ve only held for a year. Have heard they won’t tax on anything under $10,000 USD, but have also heard US taxes on ANY gains, dividends or interest gained in said TFSA . What should I believe?

reddit.com
u/Bulldog1848 — 19 days ago
▲ 0 r/CanadaInvesting+1 crossposts

Are there any “penny” stocks (in other words, cheap, in other words in the $5-$10 range, but not literal pennies) on the TSX? Up & coming with strong returns but cheap to get into? This means companies in any sector which readers feel are either going to or have taken off, but know (feel) that they are really going to go big?

reddit.com
u/Bulldog1848 — 20 days ago
▲ 1 r/tfsa

From what I understand, a dual citizen holding a TFSA does not have to report their holdings amount on their FBAR form unless this amount exceeds $10,00 USD. Is this correct? Anyone have further info about this?

reddit.com
u/Bulldog1848 — 22 days ago
▲ 3 r/tfsa

I’m a dual citizen who has been told that holding a TFSA is seen by U S as taxable investment (unlike an RRSP) Does anyone know if this info is correct and how much they may tax this type of investment?

reddit.com
u/Bulldog1848 — 22 days ago