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I'm in the exact same position with my 2025 return, I can see it was a bug from last year (TurboTax 2024 - based on the dates of previous posts) but it has raised it's ugly head in TurboTax 2025. Is there not a work around to manually update a form to remove the Home Buyer Plan payment as income or are we having to depend on Turbo Tax for a bug fix? Not impressed that early on in entering income into the system I'm at a dead stop after paying for this software. Turbo Tax takes a long time with bug fixes, this needs to be escalated for sure.
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This issue also applies to TurboTax 2025. Just starting my return and I'm at a dead stop. Will there be another bug fix very soon or is there a manual work around by modifing income somewhere in the forms view? Not impressed that I just paid $40 for the software and immediately hit a bug, can't move forward with my return until this gets resolved by your company and I'm sure I'm not the only person impacted in Canada.
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@PollyC Are you preparing your return with a spouse? If so please double check that you have the contributions entered in the box for "Contribution amount to your own RRSPs" and not your spouse.
If you are still not able to resolve this issue, please contact our phone support team for more assistance.
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Hi Susan, thanks for your quick reply! I'm separated and have stated this in my return, where would I find the check box you just mentioned? I'm filing as an individual.
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And for the record, I haven't entered any Home Buyer Plan information into my tax return, I have no idea how TurboTax software even knows about the repayment plan I have. CRA modified the repayment rules and here's an except from the CRA letter I received in October 2024 "Homeowners who have made a withdrawal from their registered retirement savings plan (RRSP) under the HBP will benefit from a grace period of five years, rather than two, before starting to repay. This extension applies to individuals making their first withdrawal between January 1, 2022, and December 31, 2025. According to our records, you made an HBP withdrawal in 2023. You will therefore be able to beginyour repayments in 2028 instead of 2025. The extended grace period applies even if you have already started to make repayments." I am opting not to repay this year and permitted to do that however the software is adding the deferred payment amount as taxable income on my tax return which is incorrect. I did note this was a bug reported and fixed last year in this community that applied to 2024 Tax returns. The same thing is happening to 2025 tax returns meaning the bug is occurring again.
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@PollyC If you don't need to make a repayment this year, then make sure there is nothing entered for "Your annual minimum repayment amount".
