Does US resident need to report the dividends income from Canadian RRSP account on 1099 Div as taxable income when file for US tax?

I am US resident and I hold Canadian RRSP accounts, which I receive dividends quarterly. I understand that I have to file form 8938 and Fincen 114 for US Tax. I don't know how to elect to defer the income from RRSP account and I am not sure if I need to pay tax for the income. Any help would be greatly appreciated.

828

Moderator

Oct 30, 2019 8:16:39 PM

It would be best if you asked this question on our U.S. site, as they are more knowledgeable about U.S. taxes. https://ttlc.intuit.com/

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Does US resident need to report the dividends income from Canadian RRSP account on 1099 Div as taxable income when file for US tax?