Reporting Funds from termination of Canadian Co Pension Plan

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LastMinuteFiler
Posts: 8
Joined: Mon Apr 11, 2005 12:35 pm

Reporting Funds from termination of Canadian Co Pension Plan

Post by LastMinuteFiler »

I am a resident of the U.S, originally from Canada....My previous Canadian employer recently terminated their Pension plan and in 2009 distributed to me the surplus, net of 25% NR tax withheld...The balance - that is, the amount of the pension benefit payable that was not considered a surplus - was used to purchase a deferred pension annuity which will not start paying out unitl I retire.

How / Where would i report the surplus distribution on the 1040?

Since, I did not receive an NR4 re the deferred pension annuity, I presume that I do not have to report the deferred pension annuity...Is this correct?

Thanks.
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