While declaring canadian RRSPs in form 8938, I am not sure how to answer question 8(b) in Part VI - ' Type of Issuer or Counterparty '. The choices are Individual, Partnership, Corporation, Trust, Estate. My RRSPs are with canadian banks.
I will appreciate any help I can get in answering this ...
Search found 2 matches
- Fri Mar 24, 2017 11:16 pm
- Forum: Canada / United States Tax & Accounting
- Topic: Classification of a Canadian RRSP for Reporting on Form 8938
- Replies: 1
- Views: 1643
- Wed Mar 22, 2017 10:48 pm
- Forum: Canada / United States Tax & Accounting
- Topic: Classification of a Canadian RRSP for Reporting on Form 8938
- Replies: 0
- Views: 4426
Classification of a Canadian RRSP for Reporting on Form 8938
For filling out form 8938, I am not clear on how a Canadian RRSP, Canadian RRIF is classified as to 'type of issuer or counterparty' - part VI, question 8b. Would this be a 'trust' or an 'individual'. I don't believe it is any of the rest - partnership, corporation or estate.