Seniors and students

As per the Canada Revenue Agency (CRA) Box 52 - Pension adjustment - line 20600

Generally, this amount represents the value of the benefits you earned in the year under a registered pension plan or a deferred profit-sharing plan.

This amount is not an income or a deduction. You only have to enter it on line 20600 of your return. The CRA will use it to calculate your RRSP/PRPP deduction limit for next year, which the CRA will show on your latest notice of assessment, notice of reassessment, or Form T1028, Your RRSP/PRPP Information for 2019.

 

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