Serbinski Accounting Firms

Another twist to the whole thing is I had some company pension plan money rolled over to that RRSP before I collaped the RRSP. I collaped the this RRSP in early last year and rolled over happened in Dec 2003. Do I have to report the whole amount of company pension plan money as income on line 16b? T...

Thanks Nelsona, Statement is not for 8891. It is for 1040. I took an extension for 1040 because of the confusion in RRSP. When I called IRS they said you should show how you came up with income for 16b on 1040. I thought I might have to write a statement & attach to 1040 to show how I came up wi...

OK I got it. I got the form from the canadatotwincities.com website and that will take care of hopefully 2003. Then for 2004, I will send 8891 right? Can I still write this statement for 2004 as I have posted before? ____________________________________________________________________ Since Canadian...

<blockquote id="quote"><font size="1" face="Verdana, Arial, Helvetica" id="quote">quote:<hr height="1" noshade id="quote"><i>Originally posted by nelsona</i> I wouldn't explain in detail how you got your figures. By the way, for the RRSP th...

Thank you carson. One more question please. I also withdrew a RRSP of $8500 last year. I needed the cash. I had to fill out a separate 8891 form for that. Since the RRSP was in a GIC and gained interest, do I have to report that interest also in schedule B part 1 ?? After reading this forum, For 16b...

I still have to send 8891 (first time reporting RRSP and new in the US). I read this thread but not clear about what exactly to put on line 8 - year end balance. I have my RRSPs in one year term GIC goes from January 20th to following year Jan 20th. From the TD Canada trust bank statement for year e...

I exchanged large amount of canadian dollars to US dollars in 2004. I received this money in early last year in Canadian dollars as I withdrew RRSP. I reported RRSP income I received, in US dollars on the date of withdrawal and everything was good with IRS. I kept the money in my canadian account un...

I am not sure whether I got things totally under control. I recently withdrew that RRSP. From what I have read in other parts of this forum, I am confused about what to report as taxable income on line 16b. My RRSP was in US$ about $7238 when I entered America. Then I trasfered from RPP in US$ about...

WOW, This is a great site. I just came to know about the world of Company Pension Plans from this thread. I had a RPP from a company in Quebec that I was able to break and rolled over to one of my existing RRSP 2 years ago. I did not write separate statements for transfer & transferee. But I wro...