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 know I must file form 8891 every year to defer tax on my RRSP. My question relates to question #8 on the 1040 Schedule B. Should I answer "yes" to this question about foreign trusts? Thanks.
