Question: are there tfsa in usa?
Answer: Tax-free savings accounts A U.S. citizen with a TFSA is therefore subject to complicated annual filings (Form 3520 and Form 3520-A) with the IRS. To make matters worse, TFSA income is taxable in the United States. So, as enticing as a TFSA is, don't have one if you're a U.S. citizen living in Canada.