To adjust how much of this tax year’s contributions get carried forward (in your case, the amount you received in the first 60 days of 2022):
- Next to RRSP/PRPP contributions you are deducting, enter the amount you’d like to deduct this year and then select Continue. The remainder will get carried forward
- For example: TurboTax shows that $3,000 is available to deduct in the current tax year. If you’d like to carry forward $2,000, enter the remainder ($3,000 - $2,000 = $1,000) of $1,000 in the space provided next to RRSP/PRPP contributions you are deducting. This means that $1,000 will be deducted in the current year and the remaining $2,000 will be carried forward.
If needed, we believe your best option is to contact our telephone support team for further assistance, as they have the option to view your screen to guide you. To contact them, please follow this link: Contact Us.
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