Taxes done! Happy dance!
Okay, technically all I did was send a big ass spreadsheet and tax slips to my accountant, but it took two weeks to pull it all together.
There's a Nazi-inspired IRS form called FBAR that you have to file for every foreign account that you hold. It was meant to avoid tax cheating by millionaires and billionaires, but they of course decided to extend it to everyone, and penalties for innocent mistakes can be huge. It's electronic-only submission and the user interface was designed by idiots, so every year you have to reenter the same damn personal and bank information from scratch, including the maximum value for each account. Including old (now closed) and new Canadian accounts, I had to fill it out 10 times. It's virtually guaranteed that you'll type something wrong. Imagine my joy at sifting through all of my bank statements looking for the maximum amounts. My main bank made that extra pleasant by not having all of my electronic statements online, like they're supposed to. I then forward all of the FBARs to my accountant because he needs to enter the exact same information on form 8938 at his end. Turns out there are two IRS departments who want this info, but they don't play well together. Futuo!
Fortunately, this is either my last or second-to-last year of filing those. However, Canada wants the same information about my U.S. accounts. Needless to say, I'm closing those ASAP. I'll be stuck with three, including two IRAs that are doing remarkably well under your tweeter-in-chief.
If only TurboTax supported FBARs. At least they know to import data from prior year returns.
Okay, I'm done venting.
On to my next chapter. Tomorrow. Maybe.