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The Something Awful Forums > Discussion > Ask/Tell > Business, Finance, and Careers > Canadian Finance and Investing Thread - Paying More is our National Pastime
 
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THE AWESOME GHOST
Oct 21, 2005

Earwig posted:

I figured as such, yeah. So far as I know, FATCA is for $50k in your account at the end of the tax year (don't have to file if you spend it or remove it from the account), or $75k total at any point during the year. Since I'm currently at $0 a year it's crazy to think I'd hit the point of $75k-- but if I do it right I guess it's not too far out of reach after all.

Thank you for taking the time to reply! Means a lot since I'm kind of blindly wandering through this for the first time. No one I know has an interest in investment or finances so I can't really get real-world advice. Mainly I just get hearty shrugs.

Are the guidelines on this up somewhere? I've read seperately that if you have $10k outside the US in all your accounts at any one time you have to file, but here you're saying $50k.

* # ¿ Oct 7, 2013 07:57
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The Something Awful Forums > Discussion > Ask/Tell > Business, Finance, and Careers > Canadian Finance and Investing Thread - Paying More is our National Pastime