I think I erred on my 8891
Moderator: Mark T Serbinski CA CPA
I think I erred on my 8891
In 2007, I transferred my RRSP account to a new RRSP account and now looking at the form 8891 I filed, I selected 6a as yes and 6b as 2007 for the new account (thinking that I had previously deferred everything in my plan), but that was the old plan number. Should I have made a new election for the new plan, and if so, I suppose I need to file an amended return with 6a as "no" and 6c selected.
If you noted that it was a transfer, you are fine. Any correction would be to note that it was a transfer, not change the date of election.
After 20 years, I am severely cutting back on responses. Do not ask specifically for my help. There are a few others on this board that can answer most questions. All the best