RRSP contribution

Forum|Forum|2 years ago
April 24, 2023
1 reply
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I removed money from my RIF thereby generating a T4RIF and had it directly transferred to a RRSP generating Retirement Saving Plan receipt. This was to seamlessly generate no income. This was a transfer under Subparagraph 60 (L) and considered a Designated Transfer. Despite buying the program (not using the free one), it will not allow me to enter the Retirement Saving Plan amount. Despite me going back 5 times, it automatically lists my donation as 0. Where do I go to be able to input this as right now it is saying I owe A LOT of tax.

TurboTax CD or Download Standard

ChetC7

Hi there,

If you're still facing this problem ,here's some additional information for you to navigate through to the right place for RRSP Contribution deductions.

https://turbotax.community.intuit.ca/turbotax-support/en-ca/help-article/retirement-benefits/claim-unused-rrsp-contributions-made-previous/L3w2e7Jgp_CA_en_CA

https://turbotax.community.intuit.ca/turbotax-support/en-ca/help-article/retirement-benefits/rrsp-contributions-appearing-tax-return/L1vfsFAD2_CA_en_CA

Hopefully this will assist you. Thanks!