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by Ezekieleard
Thu Apr 11, 2024 4:55 am
Forum: Canada / United States Tax & Accounting
Topic: Reporting for RRSP GIC on Form 8938 and FBAR
Replies: 4
Views: 5004

Re: Reporting for RRSP GIC on Form 8938 and FBAR

The amount of money held outside of Canada is what the IRS is interested in seeing, not the contents of an RRSP. In my opinion, it is more efficient to keep the total money in the RRSP rather than to separate out the GIC.