Form 8891 U.S. Information Return for Beneficiaries of Certain Canadian Registered Retirement Plans

2 Account number of plan 4 Type of plan (check one box): Registered Retirement Savings Plan (RRSP) Registered Retirement Income Fund (RRIF) OffOff Attach to Form 1040 See instructions on back of form Identifying number (see instructions) (Rev July 2008) 1 Name of plan custodian 3 Address of plan custodian 5 Check the applicable box for your status in the plan (see Definitions in the instructions): Beneficiary Annuitant (Complete only lines 7a 7b and 8 ) 6a Have you previously made an election under Article XVIII(7) of the U S Canada income tax treaty to defer U S income tax on the undistributed earnings of the plan? Yes No 7a 8 9 10 a b c d e b Distributions received from the plan during the year Enter here and include on Form 1040 line 16a Taxable distributions received from the plan during the year Enter here and include on Form 1040 line 16b Plan balance at the end of the year If you checked the Annuitant box on line 5 the Yes box on line 6a or the box on line 6c stop here Do not complete the rest of the form Contributions to the plan during the year Undistributed earnings of the plan during the year: Interest income Enter here and include on Form 1040 line 8a Qualified dividends Enter here and include on Form 1040 line 9b Capital gains Enter here and include on Form 1040 line 13 Other income Enter here and include on Form 1040 line 21 List type and amount Total ordinary dividends Enter here and include on Form 1040 line 9a A beneficiary who previously made the election to defer income on the plan or is making it initially by checking the box on line 6c must only complete lines 1 through 8 of the form A separate Form 8891 must be filed for each RRSP or RRIF for which there is a filing requirement If you and your spouse both must file Form 8891 you each must file a separate Form 8891 All amounts listed must be in U S dollars Annuitant For purposes of this form an annuitant of an RRSP or RRIF is an individual who is designated pursuant to the RRSP or RRIF as an annuitant and is not also a beneficiary as defined above Annuitants Attachment b If Yes enter the first year the election came into effect and go to line 7a If No go to line 6c Beneficiaries Beneficiary A beneficiary of an RRSP or RRIF is an individual who is subject to current U S income taxation on income accrued in the RRSP or RRIF or would be subject to current income taxation had the individual not made the election under Article XVIII(7) of the U S Canada income tax treaty to defer U S income taxation of income accrued in the RRSP or RRIF c If you have not previously made the election described on line 6a above you can make an irrevocable election for this year and subsequent years by checking this box Certain Canadian Registered Retirement Plans Definitions Department of the Treasury Enter your U S social security number (SSN) or individual taxpayer identification number (ITIN) Do not enter a Canadian identifying number Even if you are filing a joint Form 1040 with your spouse enter only your name For information on figuring taxable distributions see section 72 and Pub 939 General Rule for Pensions and Annuities For Paperwork Reduction Act Notice see page 2 Cat No 37699X Form 8891 (Rev 7 2008) Form 8891 (Rev 7 2008) Page 2 Form 8891 also can be used to make an election pursuant to Article XVIII(7) of the U S Canada income tax treaty to defer U S income tax on income earned by an RRSP or an RRIF that has been accrued but not distributed Taxpayers who have not previously made the election can make it on this form by checking the box on line 6c Form 8891 is used by U S citizens or residents (a) to report contributions to Canadian registered retirement savings plans (RRSPs) and registered retirement income funds (RRIFs) (b) to report undistributed earnings in RRSPs and RRIFs and (c) to report distributions received from RRSPs and RRIFs See Notice 2003 75 which is available at www irs gov Form 8891 must be completed and attached to Form 1040 by any U S citizen or resident who is a beneficiary of an RRSP or RRIF A U S citizen or resident who is an annuitant of an RRSP or RRIF must file the form for any year in which he or she receives a distribution from the RRSP or RRIF General Instructions Identifying number If the election you made previously was made under Rev Proc 89 45 check the No box If an election (other than an election under Rev Proc 89 45) was made for an RRSP and amounts from the RRSP were rolled over tax free to an RRIF or another RRSP the election is considered to have been made for the plan which received the tax free rollover If you are treated as an annuitant for purposes of this form (see Definitions) you should complete only lines 1 through 5 7a 7b and 8 If you have suggestions for making this form simpler we would be happy to hear from you See the instructions for your income tax return Internal Revenue Service Line 6 Line 7(b) Name shown on Form 1040 OMB No 1545 0074 Other Reporting Requirements Paperwork Reduction Act Notice Purpose of Form Pursuant to section 6048(d)(4) annuitants and beneficiaries who are required to file Form 8891 will not be required to file Form 3520 and will not be subject to the associated penalties described in section 6677 on such RRSPs or RRIFs Record Retention Section references are to the Internal Revenue Code Sequence No 139 Specific Instructions Taxpayers must retain supporting documentation relating to the information reported on Form 8891 including Canadian forms T4RSP T4RIF or NR4 and periodic or annual statements issued by the custodian of the RRSP or RRIF The average time and expenses required to complete and file this form will vary depending on individual circumstances For the estimated averages see the instructions for your income tax return U S Information Return for Beneficiaries of We ask for the information on this form to carry out the Internal Revenue laws of the United States You are required to give us the information We need it to ensure that you are complying with these laws and to allow us to figure and collect the right amount of tax Who Must File You are not required to provide the information requested on a form that is subject to the Paperwork Reduction Act unless the form displays a valid OMB control number Books or records relating to a form or its instructions must be retained as long as their contents may become material in the administration of any Internal Revenue law Generally tax returns and return information are confidential as required by Internal Revenue Code section 6103 You may be required to file Form TD F 90 22 1 See the instructions for Form 1040