Search found 2 matches

by Human678
Thu Apr 04, 2024 8:37 pm
Forum: Canada / United States Tax & Accounting
Topic: US Resident: Schedule K-1 Form 1065 income in an RRSP
Replies: 5
Views: 3628

Re: US Resident: Schedule K-1 Form 1065 income in an RRSP

I spoke with a RBC representative today who told me that I don't have to worry about doing anything with the K-1 that was sent by the ETF issuer.

If I get a failure to file penalty from the IRS (or more relevant information) I will update.
by Human678
Thu Apr 04, 2024 1:56 am
Forum: Canada / United States Tax & Accounting
Topic: US Resident: Schedule K-1 Form 1065 income in an RRSP
Replies: 5
Views: 3628

Re: US Resident: Schedule K-1 Form 1065 income in an RRSP

Hi,

I'm a Canadian Resident who received and Schedule K-1 (Form 1065) due to buying and selling UNG in my RRSP in 2023.
I lost money, but am I still required to file anything?

November 22nd I bought 500 shares of UNG at $5.99/unit.
November 29th I sold all 500 shares of UNG at $5.60/unit.

I don't ...