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Find CRA error Netfile information >> HERE!

FHSA Carryforward Amount Available to deduct

I have an FHSA opened in 2023. Have contributed $8000 each year since then, so working with $24,000 (2023, 2024, 2025). In 2024 I used $2000 of it and carried forward the rest. So now doing 2025 taxes and I can't seem to get the system to show $22,000 that I would like to deduct for 2025. (It will only allow me $14,000) And yes I did input my $8000 2025 contribution on the previous step by step page.  I have attached screenshots of the Turbotax FHSA pages. The only way I can make it work is input $8000 on the line "Variable "B" amount of your FHSA limit for 2024". So what am I missing, and/or where do I input my 2025 $8000 contribution to equal $22,000? 

 

FHSA 1.jpgFHSA #2.jpg

 

    

1 Reply

FHSA Carryforward Amount Available to deduct

I know that CRA Autofill is not available yet for TY 2025. I want to make sure that you have correctly added all the information from your TY2024 NOA.

I have replicated and am getting the same results.

You can try the workaround as you mentioned. : If the software still shows $14,000, you can manually enter $8,000 into "Variable B." This field represents the sum of previous years' participation room; entering $8,000 here manually causes the software to recognize the total available room of $22,000.

 

Or I recommend contacting our phone support so they can screenshare and investigate it for you.

They are open Monday to Friday, 9 AM to 6 PM ET.

 

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