Hi,It seems like you will need to fill out Form 8865 to report your allocable share of the partnership income and deductions. In your case, the partnership woul...
Since Canadian income tax is usually higher, usually claiming foreign tax credit gives you a better result. It is always safest to test both scenarios - this is...
Foreign life insurance needs to be reported at minimum on your FinCEN114 and Form 8938. There are very steep penalties for not reporting this foreign account on...