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Level 2
April 11, 2022
Question

Reporting RRSP ON 8938

I am trying to add my Canadian RRSP to my 8938 and running into a problem.   Turbo tax is not letting me proceed without filling out lines 35 which I don 't believe applies as it is an account that I am listing not a partnership, corporation, trust or estate. 

 

    3 replies

    DaveF1006
    Alumni - Intuit
    April 11, 2022

    Yes, line 35 is to report a Foreign Trust and a RRSP is an entity that matches the IRS definition of a Foreign Trust.

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    CanuckDanAuthor
    Level 2
    April 11, 2022

    Thanks.  Do I fill in a name of Foreign Entity and Mailing address?  Turbotax isn't letting me file until these are filled but I'm not sure that is correct.   I already listed the name of institution where the account is maintained and its address on lines 26 and 27.

    DaveF1006
    Alumni - Intuit
    April 11, 2022

    Yes, you will need to enter this information on line 35 to pass the error check in the review.

     

    @CanuckDan

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