RRSP net past service pension adjustment PSPA

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Returning Member

RRSP net past service pension adjustment PSPA

Where do I enter the RRSP net past service pension adjustment PSPA to reduce my RRSP limit to a negative amount?

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Moderator

RRSP net past service pension adjustment PSPA

If you have Past Service Contributions, it can be reported in different ways:

You either have a  T4 with an amount in Box 74 and this amount is already included in Box 20 > so you enter both amounts in your T-slip information

 

Or you have a letter and the Pension contribution is not reported on a T-slip: 

using the TurboTax Online > use "Find" on the top bar > search for "Registered Pension Plan"  >  check the box under the contributor name and continue to the next page > fill in the correct boxes

 

If you are using TurboTax CD/Desktop: > use "Find" on the top bar > search for " Registered Pension Plan" > Check the box beside "I made Registered Pension Plan Contribution for the current and past services" under the contributor name  > From the right menu, open the RRSP profile, go to the "Registered Pension Plan" > enter your information 

 

I hope this was helpful