Filing Section 217

toad · Post by **toad** » Wed Feb 22, 2012 11:49 pm

Hi,

Doing wife's taxes. She had EI, business (loss) and RRSP/NR4 income in Canada. No USA income but she is USA resident. I plan to lump income into general income on 1040 and use canadian taxes as credit. Is this allowed considering the income from RRSP is essentially zero in USA? (no growth since moving)

Thanks

toad · Post by **toad** » Thu Feb 23, 2012 12:36 am

Clarification: I've seen previous posts discussing putting RRSP income into General category vs. Passive. But after reading Form 1116 instructions it seems clear that the Lump Sum Distrubutions (e) is the correct fit. How is it possible to put RRSP income in the General category?

Thanks

nelsona · Post by **nelsona** » Thu Feb 23, 2012 10:45 am

No. They are not l;ump sum distribitions, because RRSP's do not fall under the definition of the plans they are talinking about.

RRSPs are general/