We moved to states several years ago.
When in Canada, we open RESP account for my son, each year file 3520-A.
He went to university last year, we withdraw principal and first year EAP in 2020.
For EAP part, my son gets NR4.
Need we report principal as income, what form my son and we need fill?
How to report RESP withdraw in tax?
Moderator: Mark T Serbinski CA CPA