I Am Filing A 1040 USA Tax Return, Do I Have To Report My Canadian RRSP, TFSA Account? If So, How?
You must disclose your TFSA account on your FBAR, known as Report of Foreign Bank and Financial Accounts if the aggregate value of all foreign financial accounts exceeded $10,000 at any time during the calendar year to be reported. If your TFSA is held through a trust – you have to complete Form 3520A and 3520.
For your RRSP, you must complete Form 8891.