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Seniors and students
The contribution in the first 60 days of 2015 must be included in the 2014 year. If you did not do so, you should do a T1 adjustment for 2014. Due to your low income in 2014, it is likely that you have exceeded your RRSP limit. You should carry forward $250.00 to next year. The deduction limit is based on your prior year income among other things, but it is only approximately 18%.
‎October 29, 2019
8:57 PM