Search found 2 matches
- Mon Apr 05, 2021 9:28 pm
- Forum: Canada / United States Tax & Accounting
- Topic: Dual citizens and Educational Savings Plans
- Replies: 2
- Views: 1702
Re: Dual citizens and Educational Savings Plans
Thank you for your help! CdnAmerican. I am university student without any earned income. I have RESP EAP (educational assistance payment) and Canada Emergency Student Benefit. the standard deduction can cover all of my unearned income. The question is where I report the EAP (educational assistance p...
- Sat Apr 03, 2021 10:30 pm
- Forum: Canada / United States Tax & Accounting
- Topic: Dual citizen Canadian RESP educational assistance payment report
- Replies: 1
- Views: 4766
Dual citizen Canadian RESP educational assistance payment report
I have dual USA/Canadian citizenship. I live and study in Canada. My parents have RESP(Registered Education Savings Plan) for me. As a beneficiary I have received C$ 12000 EAP ( educational assistance payment) last year for my university study. Do I need to file 3520 and 3520-A? if not ( according t...