Hello,
I recently noticed my accountant did not include schedule B part III for my RRSPs for tax returns 2011 and 2012. Unfortunately I did not catch this.
I did however file 8891s and TDF 90 for both those years correctly. The only missing information is the schedule B. I think the accountant did not think schedule B was necessary because the dividends were under a certain value and he did not realize it is necessary to include foreign accounts.
Should I even bother to send ammended returns? Surely the IRS would realize the 8891s and TDF 90 were filed correctly and there should be no penalty?
Any advice would be appreciated.
Schedule B and RRSP
Moderator: Mark T Serbinski CA CPA