How to Report Canadian Variable Annuities

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blitzloper
Posts: 18
Joined: Sun Mar 29, 2009 11:21 am

How to Report Canadian Variable Annuities

Post by blitzloper »

Hello everyone,

My parents are going through the IRS Streamlined filing procedures. They are Americans living in Canada, citizens of both countries.

Everything is straightforward so far (1040x, TD F 90-22.1, FBARs, 8891s, etc). But they also hold non-registered revokable variable rate annuities.

I can't figure out exactly how to report these -- I assume this would be included in the FBAR and TD F 90-22.1. However, is it also a trust requiring the 3520 nonsense?

Many thanks in advance for your help!
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blitzloper
Posts: 18
Joined: Sun Mar 29, 2009 11:21 am

Post by blitzloper »

No one knows? Impossible!
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