Search found 2 matches

by cbentz
Sat Mar 10, 2012 2:11 pm
Forum: Canada / United States Tax & Accounting
Topic: Whoops, didn't report LIRA to IRS, now what?
Replies: 3
Views: 3811

Great - thank you very much!

How do I determine if I'm a beneficiary or Annuitant for question 5?

I am the only person on the account - the funds were deposited by my employer in Canada - not from my earnings.

Which am I?

I think based on your suggestion to defer taxation I am the beneficiary ...
by cbentz
Sun Mar 04, 2012 10:25 am
Forum: Canada / United States Tax & Accounting
Topic: Whoops, didn't report LIRA to IRS, now what?
Replies: 3
Views: 3811

Whoops, didn't report LIRA to IRS, now what?

Greetings,

I am a Canadian living in the US (PR) since Jan 2005.

I have an Ontario LIRA from a former Canadian employer that from ignorance I have never reported to the IRS. neither in a 8891 nor an Fbar.

It is a roll over pension from a past Canadian employer whom i left in 1999. There have been ...