turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

igkhakoo
New Member

My family and I are US citizens living in Canada (wife and kids also Canadian). We have Canadian RESPs for them. Do we need to disclose this on any IRS form?

 
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Reply
maglib
Level 10

My family and I are US citizens living in Canada (wife and kids also Canadian). We have Canadian RESPs for them. Do we need to disclose this on any IRS form?

As a citizen of the US you are still obligated to prepare US income tax returns.  The US and Canada do have a income tax treaty to prevent double taxation but, that does not preclude you from filing a US income tax return.

Here is a great article to read from turbotax on your situation. https://turbotax.intuit.ca/tips/how-are-taxes-assessed-for-u-s-citizens-working-in-canada-347

   I'm not a tt employee.  If you have further, specific questions, please post a new post to get fastest responses.  

All the best in completing your tax returns. I hope the article was helpful.

**I don't work for TT. Just trying to help. All the best.
***Say "Thanks" by marking as BEST ANSWER and clicking the thumb icon in a post and that I solved your question
**Mark the post that answers your question by clicking on "Mark as Best Answer"
I am NOT an expert and you should confirm with a tax expert.

Unlock tailored help options in your account.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question