Filed 8891 for 2009, chose "defer", forgot to file

[fordtaurus]

:(

Question:

I filed 8891 for tax year 2009, my first year in US. Very simple, chose defer by

6a: NO
6c: Checked
7a: 0
7b: 0
8: the amount

However, I used H&R Block software for tax year 2010, 2011 and 2012, and the software worked fine except there's no form 8891 and I totally forgot about it. I did file TD90.22.1 forms for all years.

So what should I do? Print out 8891 for tax year 2010-2012:
6a: Yes
7a: 0
7b: 0
8: amount

and print out 1040 (nothing would change since 7a, 7b are 0) and file amendments?

Thanks a lot!

[fordtaurus]

BTW, for back filing, do I need to put the growth of my RRSP account in line 7a?

Thanks

[nelsona]

You can't backfile and make the election without permission from IRS.

If you elect, you only report actual wthdrawals.

[fordtaurus]

Thanks Nelson

For 2009, I have made election on 8891, so I am ok, right?

If so, for 2010, 2011, I only need to select yes in 6a and put 2009 in 6b, right?

Also, I did not make any withdraw, 7a and 7b should be both 0 even my balance did grow, correct?

Appreciate your help.

[quote="nelsona"]You can't backfile and make the election without permission from IRS.

If you elect, you only report actual wthdrawals.[/quote]

[nelsona]

Correct. You were lucky you did not use HRBlockhead for first year.

[fordtaurus]

lol, thanks

The first year I did it by myself, thank you and lots of folks here.

The second year, I thought it should be easier so I used HRBlockhead software.:oops:

[quote="nelsona"]Correct. You were lucky you did not use HRBlockhead for first year.[/quote]