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What if the RRSP deduction limit on my Notice of Assessment is different than what TurboTax transferred from last year?

by TurboTax•6• Updated 3 months ago

If your RRSP deduction amount on your Notice of Assessment (NOA) doesn't match what TurboTax transferred from your prior-year return, you need to update the amount on your current year return to match the amount on your NOA.

  1. Answer the initial Personal info interview questions if you haven't already. This unlocks 2024 tax return
  2. From 2024 tax return, under Add to your return, enter registered and select Registered Savings Plan.
  3. At Your registered savings plan profile for 2024, select Continue.
  4. At What's your RRSP/PRPP deduction limit? you can enter the amount from your CRA Notice of Assessment for 2023 year and then continue.
  1. Select the Find icon, enter RRSP in the popup search bar, select RRSP deduction limit for 2024, then select Go.
  2. At What's your RRSP/PRPP deduction limit? enter your current tax year RRSP/PRPP Deduction limit from your 2023 CRA Notice of Assessment.
  3. Select Continue.

If you don't see the Find button, you may not have completed the Intro/Profile steps of your return. Continue through these steps until the Find button is active.