8938 - 8891 rrif - poa

kallan · Post by **kallan** » Sat Sep 15, 2012 3:28 pm

My elderly mother and I both live in Canada but are us citizens. I am her POA over her canadian RRIF account. I'm not sure if i need to report my mother's rrif on my 8938 and/or 8891 forms. I do understand that i do need to report it on the 90-22-1, but not sure about the others, Since the assets and income belong to her not me.

nelsona · Post by **nelsona** » Sat Sep 15, 2012 11:12 pm

In fact, you do have to report it on your FBAR, if you have signing authority.

But she reports the RRIF on 8891 etc, and also on FBAR.

kallan · Post by **kallan** » Sun Sep 16, 2012 3:36 pm

But to be clear, I dont have to report it on MY 8891 or 8938, only my fbar report (90-22-1)?

nelsona · Post by **nelsona** » Sun Sep 16, 2012 5:07 pm

Correct.