- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Filing
My employer gave me UNTAXED cash and I deposited it into an RRSP account. So I believe I have to show that it went into an RRSP (because it was untaxed) but not claim the tax deduction because no taxes were taken off. That is why I used the RRSP transfer option to reduce my taxable income by the PIL amount.
Are you saying that I should just treat it like a regular RRSP deposit, even though I have a T1213 on file, so that the RRSP contribution reduces my income tax amount? Would that not result in a double RRSP tax credit?
Are you saying that I should just treat it like a regular RRSP deposit, even though I have a T1213 on file, so that the RRSP contribution reduces my income tax amount? Would that not result in a double RRSP tax credit?
‎October 29, 2019
7:07 PM