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MonaW
New Member

RRSP entries (Canada)

I discovered yesterday, that since 2019 the program has incorrectly been reporting errors for the RRSP deductions and limits.  I now have to review and resubmit mine and my family's tax returns for the past 5 years, but the program keeps using the wrong amounts in the T1General.  I am very frustrated, and have always trusted Turbotax, not so much any more.

1 Reply

RRSP entries (Canada)

Have you been transferring info from previous years returns or using CRA Auto Fill? Because that's the only way the limit information would populate without you entering it. 

 

If you transfer info from year to year, that could spread a mistake if you don't manually enter the correct limit. 

 

The deduction is partially based off the limit, so if the limit is wrong, then that could cause you to claim too large (or too small) a deduction.