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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 ...

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 ...

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?
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<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 that you simply cashed in, you will need an 8891, but you ...

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 ...

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 ...

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 ...

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 ...