Ramaraju
Returning Member

RRSP

I have contributed some $ X for RRSP in 2019 and I have withdrawn the same $ X for my first time home buying in 2019 itself. In this case, can I still deduct that $ X from my total income while filing the income tax returns for 2019?

Filing

Yes, you can, but only if it was contributed 90 days prior to the HBP Withdrawal.

Filing

For your Reference: How to participate in the Home Buyers' Plan (HBP)

https://www.canada.ca/en/revenue-agency/services/tax/individuals/topics/rrsps-related-plans/what-hom...