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How do I tell turbotax what my 2020 RSP deduction limit is?
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April 9, 2021
10:00 AM
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Seniors and students
To enter your RRSP deduction limit for 2020, please follow the steps below:
- Click on the find icon in the top-right corner.
- Type "RRSP" and select "RRSP Profile" below.
- You will be at "Your RRSP Profile for 2020" titled page.
- Checkmark the option headed "Made RRSP contributions during 2020 or the first 60 days of 2021".
- Click "Continue".
Afterward, the very first page you'll see would be asking "What's your RRSP/PRPP deduction limit?" and below you'll enter the details or amount of deduction limit as per your 2019 Notice of Assessment (NOA).
Thank you for using TurboTax.
April 10, 2021
6:45 AM