This is our main tax information forum which deals with topics concerning Canadians living and working in the U.S., U.S. citizens contemplating working in Canada, and all aspects of Canadian and U.S. income tax and related adminstrative issues.
I am an US resident who has RRSP in Canada. I received a 1099-B from one of my RRSP mutual fund which was switched from DSC version to front-end load within the same fund. There is no gain or loss from the switch. On the 1099-B only Box 2 shows $456 for the gross proceed, no other numbers on other boxes. How do I report this on my US tax return?
There really was no reason to issue you a 1099-B. Ignore it, especially if you are deferring taxation on your 8891 for this account.
After 20 years, I am severely cutting back on responses. Do not ask specifically for my help. There are a few others on this board that can answer most questions. All the best
I guess you need to do some reading... and back-filing.
After 20 years, I am severely cutting back on responses. Do not ask specifically for my help. There are a few others on this board that can answer most questions. All the best
Um gee, do you think maybe this site has all the info you need?
After 20 years, I am severely cutting back on responses. Do not ask specifically for my help. There are a few others on this board that can answer most questions. All the best
I received a letter from my fund company about they canceled all my 1099-bs due to errors which is good news. But, my accountant told me, I need to fill out TD F 90-22.1 form-Report of foreign band and financial accounts, is this correct?