@nelsona
Appreciate your note re: FX gain/loss. I may look for a way to work it into income because omitting it at this stage may raise questions.
"Government Payment"... that makes sense. And do you agree this should be captured under "Other Income" (i.e. Line 21) on form 1040?
Search found 2 matches
- Thu Mar 13, 2014 9:04 am
- Forum: Canada / United States Tax & Accounting
- Topic: Classification of RESP income on Form 1040
- Replies: 3
- Views: 2811
- Wed Mar 12, 2014 10:52 pm
- Forum: Canada / United States Tax & Accounting
- Topic: Classification of RESP income on Form 1040
- Replies: 3
- Views: 2811
Classification of RESP income on Form 1040
I've searched high and low for an answer on this. Apologies if I've missed the answer elsewhere in this forum. If someone would be so kind as to point me in the right direction, I'd be most appreciative. I'm a US resident who recently opened an RESP account for my Canadian niece without being aware ...