Seniors and students

Jan-Feb 2022 contributions will need to be added to your 2021 return as the first 60 days of the year always belong on the previous year return, in this case, the 2021 tax year return. Jan-Feb 2023 contributions will need to be added to your 2022 tax return. This can be done by adjustment. If you have RRSP contributions in Jan-Feb 2024 they will belong on your 2023 return. 

Until the adjustments are reassessed in your file, you will not be able to claim the deductions. They will also need to be adjusted accordingly. If help with this is required, you can call the Canada Revenue Agency (CRA) and do it with a representative by calling 1-800-959-8281.

 

For more information please see our TurboTax article: Everything You Need to Know About RRSPs and Your Tax Return

 

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