I received approval from CRA to reduce tax deduction at source on a lump sum severance payout (T1213) and moved that money into my RRSP. How would I go about indicating this in Turbo Tax for the purpose of my tax return?
thanks for your help
I hope that your payroll who issued you the severance package have a copy of the form so the reduce the tax on your severance payment. Usually payroll deals he form T1213.
Yes, Delphision is right, your tax return will be match with what CRA has got on file for you.