Can I ask IRS disregard RESP 3520 form?

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.

Moderator: Mark T Serbinski CA CPA

Post Reply
Posts: 9
Joined: Wed Oct 06, 2021 9:23 pm

Can I ask IRS disregard RESP 3520 form?

Post by chessflying »

In 2020 my son was enrolled in university, we cashed in some EAP from RESP account.
When prepare tax, we consulted with an accountant, he said my son need file 3520 even 3520-A is exempt by proc 2020-17, we followed his advice.
Now IRS sent letter to request 3520-A to match 3520.
We didn't file 3520-A, can we ask IRS just disregard 3520?
Post Reply