- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Schedule 7 Line 24600 (eligible retiring allowance transfer – T4 Box 66) is being incorrectly limited by RRSP deduction room.
Schedule 7 Line 24640 (eligible retiring allowance transfer – T4 Box 66) is being incorrectly limited by RRSP deduction room.
This transfer should not be constrained by RRSP contribution limit per CRA rules.
Example: $5,000 Box 66 transfer with only $1,200 RRSP room — software caps deduction incorrectly and when you override 24640, it does not carry the total $6,200. It only carries through the $1,200.
I had to override 2 cells in Schedule 7. Line 24640 and 20800
Topics:
2 weeks ago