Search found 2 matches

by dnieuw
Sat Dec 01, 2007 6:31 pm
Forum: Canada / United States Tax & Accounting
Topic: Recouping taxes from cashing out Canadian RRSPs
Replies: 3
Views: 3034

Unfortunately, I have no idea what our contributions were originally. Can I get close by multiplying the average cost per unit times the number of units?
by dnieuw
Sat Dec 01, 2007 5:46 pm
Forum: Canada / United States Tax & Accounting
Topic: Recouping taxes from cashing out Canadian RRSPs
Replies: 3
Views: 3034

Recouping taxes from cashing out Canadian RRSPs

I'm a US citizen/resident who cashed out my (mutual fund) RRSPs. Am I correct that the amount reported on Form 8891 line 7a is the total fund value at the time of redemption, and line 7b is this total, minus the value of the RRSP at the time I left Canada? Re Form 1116 (foreign tax credit), is this ...