Why sign in to the Community?

  • Submit a question
  • Check your notifications
Sign in to the Community or Sign in to TurboTax and start working on your taxes
New Member
posted Oct 30, 2019 5:22:38 PM

How do I report box 24 Excess amount from T4RIF?

How do I report box 24 Excess amount from T4RIF?

0 1 9121
1 Replies
Level 2
Oct 30, 2019 5:22:40 PM

This is the taxable part of amounts received in the year that is more than the minimum amount. This amount is already included in Box 16. If the amount received relates to RRSP contributions you could not deduct from income, you may be able to claim an offsetting deduction on Line 232.