New RRSP Reporting Form 8891 Out Soon

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Moderator: Mark T Serbinski CA CPA

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Nelson
Posts: 25
Joined: Wed Oct 27, 2004 12:01 pm

New RRSP Reporting Form 8891 Out Soon

Post by Nelson »

A draft copy of Form 8891 "US Information Return for Beneficiaries of Certain Canadian Registered Retirement Plans" is floating around.
Watch this space for further developements.
Mark T Serbinski CA CPA
Site Admin
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Joined: Tue Oct 26, 2004 8:05 pm
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Post by Mark T Serbinski CA CPA »

I now have a draft of this form, which was circulated through the profession in search of comments. The new reporting requirements seem concise and much simpler than the free form elections we needed to file in prior years.

Regards,

Mark T. Serbinski, CA, CPA
Steve
Posts: 1
Joined: Wed Oct 27, 2004 12:58 pm

Post by Steve »

I'm impressed. This looks like the simplest IRS form I've ever seen.
Carson
Posts: 182
Joined: Wed Oct 27, 2004 1:00 pm
Location: Toronto

Post by Carson »

I await the instructions with baited breath. Will they keep their word that there should be no more work for the taxpayer/preparer than before?
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