Thanks ThomasM, however the State of California does not allow earnings on Canadian RRSPs to be tax deferred until distribution. Earnings must be declared as income in the year it occurred. So, unfortunately my question still stands.
If my 2023 distribution (which is declared as taxable income) exceeds the 2023 earnings, (ie earnings $30k / distribution $35k) do I need to report the $30k increase in value to California?
