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S
stephenchodgins
April 14, 2025
Question

Why am I getting warnings that I have not entered the minimum repayment amount required for my HBP when I paid the full amount back years ago?

  • April 14, 2025
  • 1 reply
  • 0 views
I recorded the information into my tax return each year I made a payement into the HBP. I was able to pay it back in less than 4 years. Ever since then, I have gotten a warning from Turbotax (every year for the past 10 years) that I haven't made the minimum required payment. How do I make that warning stop?

    1 reply

    TurboTaxAniqua
    TurboTaxAniqua
    April 15, 2025

    Did you import information from the previous year? You can skip it and move on to Netfile if it is a warning and does not apply to you. 

     

    Thank you for choosing TurboTax.

    S
    stephenchodginsAuthor
    April 21, 2025

    Every year I import my file from my previous years with Turbo Tax. Every year I must choose the "Ignore" option in order to move on to Netfile. It's just annoying and somewhat worrisome when the system tells me I have a balance owing when I know I do not. 

    T
    TurboImpotVeronique
    April 22, 2025

    @stephenchodgins Some information can be imported from year to year, even if they are at zero, like HBP balance, or CCA in some other situations. 

     

    For these specifics elements, in a future year, it is appropriate to avoid the import date from a previous year, and start fresh.

     

    Because it's only a warning, you can still ignore, as my colleague explained previously.

     

    Thank you for choosing TurboTax.

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