Hello,
My spouse and I are U.S. citizens living in Canada. We have recently closed our TFSAs because the reporting requirements have become too burdensome. Is the sale of the mutual fund shares held by the TFSAs considered a distribution that needs to be reported on Part III of the 3520?
The trust ...
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- Tue Dec 16, 2014 1:17 am
- Forum: Canada / United States Tax & Accounting
- Topic: Proper reporting of closure of a TFSA on 3520 and 3520A
- Replies: 2
- Views: 2117