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by gary1957
Mon Mar 22, 2010 3:22 pm
Forum: Canada / United States Tax & Accounting
Topic: RRSP's and FBAR penalties
Replies: 5
Views: 6425

RRSP's and FBAR penalties

My wife is a US citizen but Cdn resident for the last 20 years. Her US taxes have never been filed (likely no tax owing) and I have recently just became aware of possible FBAR penalties on her RRSP account. Any idea what the likely penalties would be on the RRSP if we went back and filed US returns ...