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Can I claim an RRSP contribution that was unused last year on this year's return, even though it was not claimed in entirely last year and carried forward to this year?
I asked both my financial planner, and paid the Turbo Tax expert to go over my return last year, and both said that it would be fine to simply claim half of a big RRSP contribution last year, and the other half this year. Neither said that I needed to claim the whole thing and carry forward half. I specifically asked the Turbo Tax expert this question, and he said no, I could simply claim the other half this year.
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Seniors and students
To report any contributions you may have missed claiming in 2017, you do need to make an "adjustment" to that return. You can use "My Account" if you are set up, otherwise, you will need to print a paper copy and mail it to your tax centre.
However, here's a way that those contributions should automatically be added to your 2018 without making that adjustment! If you use CRA's Auto-Fill service to import your tax slips, these contributions should be in CRA's records and will be downloaded to your return as a "carried forward contribution" which can then be claimed on the current year tax return.
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Seniors and students
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