Hi David,
I hate to bother you at tax time, I'm sure you're at your busiest.
However, you have posted several inquiries regarding the reporting of
Canadian RRSPs, with an allusion to a "new form" that as of the end of
January, you hadn't seen. It's now the end of February, and I've been
looking on the IRS website and can't find anything, so I'm assuming they
having actually finalized the new form yet?
If so, what does one do to report RRSPs? Is there an old form to use (I've
read we DON'T need to use 3520A)?
Thanks,
EXXXXXXX
==================================
david ingram replies:
The form has not been released yet that I know of. In the meantime, follow
the rules for REV.PROC 2002-23. It will work fine.
I will let everyone know when it comes out and send it on.
David Ingram
======================================
Answers to this and other similar questions can be obtained free on Air
every Sunday morning.
Starting this Sunday at 9:00 AM on 600AM in Vancouver, Fred Snyder of
Cartier Partners and I, David Ingram will be hosting an INFOMERCIAL but
LIVE talk show called "ITS YOUR MONEY"
Those outside of the Lower Mainland will be able to listen on the internet
at
www.600AM.com <http://www.600am.com/>
>
>
> Hi,
> Just found your website and as I was reading it found out that we need to
> file a 3520A for our RRSPs. We're Cdn citizens, working in the US for the
> past 5 years under an HIB. We've filed our US tax forms without declaring
> the RRSPs. We want to be in compliance. What are our options at this
> time?
> Thanks,
> JXXXX
> =====================================================
> david ingram replies:
>
> this is a good question for Sunday Morning.
> Answers to this and other similar questions can be obtained free on Air
> every Sunday morning.
>
> Starting this Sunday at 9 AM on 600AM in Vancouver, Fred Snyder of Cartier
> Partners and I will be hosting an INFOMERCIAL but LIVE talk show called
> "IT'S YOUR MONEY"
>
> Those outside of the Lower Mainland will be able to listen on the internet
> at
>
> www.600AM.com
> ----------------------------------
> In the meantime, Go to www.centa.com - click on [newsletters] click on
> [2003] click on [August]
>
> All the necessary information to fix up 2002 is there. If you would like
> us to do it for you, we need the Dec 31, 2001 and Dec 31 2002 year end
> statements for all your RRSP accounts. We also need a copy of the 1040
> filed. we charge $300 Cdn for the first RRSP and $100 CDN for each
> additional.
>
> There will be a new form for the 2003 tax year but I have not seen it yet
> if it is out.
>
> Hope this helps.
>
> David Ingram's US/Canada Services
> US / Canada / Mexico tax and working Visa Specialists
> US / Canada Real Estate Specialists
> 4466 Prospect Road
> North Vancouver, BC, CANADA, V7N 3L7
> Calls accepted from 10 AM to 10 PM 7 days a week
> Res (604) 980-3578 Cell (604) 657-8451
> Bus (604) 980-0321
> [email protected]
> www.centa.com www.david-ingram.com
>
> Disclaimer: This question has been answered without detailed information
> or consultation and is to be regarded only as general comment. Nothing
> in this message is or should be construed as advice in any particular
> circumstances. No contract exists between the reader & the author and any
> and all non-contractual duties are expressly denied. All readers should
> obtain formal advice from a competent financial, or real estate planner or
> advisor & appropriately qualified legal practitioner, tax or immigration
> specialist in connection with personal or business affairs such as at
> www.centa.com. If you forward this message, this disclaimer must be
> included."
> This from ask an income tax immigration planning and bankruptcy expert
> consultant guru or preparer from www.centa.com or www.jurock.com or
> www.featureweb.com. Canadian David Ingram deals daily with tax returns
> dealing with expatriate:
> multi jurisdictional cross and trans border expatriate problems for the
> United States, Canada, Mexico, Great Britain, the United Kingdom, Kuwait,
> Dubai, Saudi Arabia, South Africa, Thailand, Indonesia, Egypt,
> Antarctica, Japan, China, New Zealand, France, Germany, Spain, Italy,
> Russia, Georgia, Brazil, Peru, Ecuador, Bolivia, Scotland, Ireland,
> Hawaii, Florida, Montana, Morocco, Israel, Iraq, Iran, India, Pakistan,
> Afghanistan, Mali, Bangkok, Greenland, Iceland, Cuba, Bahamas, Bermuda,
> Barbados, St Vincent, Grenada,, Virgin Islands, US, UK, GB, American and
> Canadian and Mexican and any of the 43 states with state tax returns, etc.
> income tax wizard wizzard guru advisor advisors experts specialist
> specialists consultants taxmen taxman tax woman planner planning
> preparer of Alaska, Alabama, Arkansas, Arizona,
> California, Colorado, Connecticut,
> Delaware, District of Columbia, Florida,
> Garland, Georgia, Hawaii, Idaho, Illinois,
> Indiana, Iowa, Kansas, Kentucky,
> Louisiana, Maine, Maryland,
> Massachusetts, Michigan, Minnesota,
> Mississippi, Missouri, Montana, Nebraska,
> Nevada, New Hampshire, New Jersey,
> New Mexico,New York, North Carolina,
> North Dakota, Ohio, Oklahoma, Oregon.
> Paris, Rome, Sydney, Australia Hilton
> Pennsylvania, Rhode Island, Rockwall,
> South Carolina, South Dakota, Tennessee,
> Texas, Utah, Vermont, Virginia,
> West Virginia, Wisconsin, Wyoming,
> British Columbia, Alberta, Saskatchewan,
> Manitoba, Ontario, Quebec City,
> New Brunswick, Prince Edward Island,
> Nova Scotia, Newfoundland, Yukon and
> Northwest and Nunavit Territories,
> Mount Vernon, Eumenclaw, Coos Bay
> and Dallas Houston Rockwall Garland
> Texas Taxman and Tax Guru and wizzard
> wizard -
> I have not answered your question at this time as there are just too
> many. I have over 300 here and can not possibly get at them all.
>
> However, your name has been added to our email list because of your
> enquiry.
> We may not answer your question but
> another similar question will be as we answer others as they come in.
>
> It is coming up to tax time and I will not have time to answer anything on
> a free basis after Feb 1.
>
> We will be installing a PAYPAL method of paying for a question at that
> time.
>
>
> You may find more answers at www.centa.com
>
> David Ingram of the CEN-TA REALTY Group
> US / Canada / Mexico tax and working Visa Specialists
> US / Canada Real Estate Specialists
> 4466 Prospect Road
> North Vancouver, BC, CANADA, V7N 3L7
> (604) 980-0321 - Fax 913-9123 [email protected]
> www.centa.com www.david-ingram.com
> Res (604) 980-3578
>
> calls taken seven days a week from 10 AM to 10 PM Vancouver (Los angeles)
> time.
>
>
>
>
>
>
>
What's Related