Serbinski Accounting Firms

Thanks, I see. How about exchange rates: do I calculate the basis and capital gains in CA$ and convert to US$ at the exchange rate on the distribution date, or do I calculate the basis in US$ separately based on the exchange rate on the date of each contribution? Or something else altogether?

Nelson: Thanks for the great information in this thread (and others) so far, but I was wondering if I could ask for a couple extra clarifications: 1. I've been reporting the reinvested RRSP dividends as California income throughout my residency. This year I closed my RRSP, so I first report any divi...