1. As you stated its ok to hold stocks in US brokerage and I am not obligated to move it out.
a) Does my visa status affect this at all like whether my work permit expires in US?
b) The reason I am looking to move out of US brokerage is my CA told me if I earn through US brokerage, I need to keep filing tax in US as non resident every year.
c) I was hoping after opening Canadian brokerage and signing W8 BEN I can continue US stocks trading but only have to file in 1 country.
2. Still trying to understand the point of W8-BEN form.
I became canada resident in Dec 2020 and had not ever filled W8-BEN form till March 2021 (when I opened new Canada brokerage account).
a) Now in Dec 2020 - my only earning was US stock income via US brokerage.
So for Dec 2020 month, in Canada, without W8-BEN form ever filled, can I file my Canadian tax and then show these US stock earnings as tax credit there?
b) In March 2021 I have opened Canadian brokerage & signed W8-BEN - so from this point on I can report all US earnings in Canada only or income earned through US brokerage between Jan - March 2021 must again be filed in US as non resident return?
