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With no earned income but a large carry forward amount can one still contribute to a RRSP
February 24, 2023
12:15 PM
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Seniors and students
Yes, if you still have contribution room as per the Canada Revenue Agency (CRA), you can continue to contribute to your RRSPs and claim them in that year but save the deduction for a future year when it is needed to lower your taxes. For more information, please see our TurboTax article: RRSPs and Your Tax Return: The Bottom Line.
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February 28, 2023
6:07 AM