RRSP / Form 8833 / Publication 597

[fadius]

Regarding election to defer US tax on undistributed RRSP income:

IRS publication 597 (https://www.irs.gov/publications/p597) states "Eligible individuals are treated as having made the election in the first year in which they would have been entitled to defer U.S. tax on the undistributed income from the plan. "

Is this saying that if I meet the criteria of being an "eligible individual" then the election is automatic and form 8833 is not necessary?

(RRSP account was opened in 2017 and 8833 was never filed afaik)

[nelsona]

8833 was never required for RRSPs. the RRSP form was rendered obsolete in 2014, Previous to that various "statements" were attached to cover the account. As mentioned in 597, there is no longer any reporting requirement for accounts for which income is being deferred until withdrawal.

[fadius]

Thank you!