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.
We are canadians living in US, we have life insurance in Canada, it did not generate any income, do we need to report it in form 8938. I read some articles saying it is a kind of foreign assets.