Solved: Confusion about HBP form in TT

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Confusion about HBP form in TT

I don't understand the difference between filling in Section 1 Part A on one return and the same numbers on Section 1 Part B on the spouse's return, except that they give me two different answers!

We have one spouse who contributes to her own RRSP and withdrew $17,000 for the HBP. Her husband, who contributes to his own RRSP, withdrew $6,900 from his RRSP for the same HBP.

If I fill in his numbers in Part A of his return, I get a positive result on line 3, but if I fill in his numbers in Part B of her return, I get a zero sum. To me, the questions are the same, so why the different results. 

Am I supposed to fill in her numbers in Part A of her return and his numbers in Part B of her return and then his numbers in Part A of his return and her numbers in Part B of his return? 

It's very confusingly worded.

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Accepted Solutions
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Confusion about HBP form in TT

@Danno67 you must only fill in part A for each of them with the amounts that they withdrew from their own returns. Part B does not apply to either of them, it is only used if he withdrew from her RRSP and vice versa, not from their own. 

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2 Replies
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New Member

Confusion about HBP form in TT

@Danno67 you must only fill in part A for each of them with the amounts that they withdrew from their own returns. Part B does not apply to either of them, it is only used if he withdrew from her RRSP and vice versa, not from their own. 

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Confusion about HBP form in TT

Thanks. I didn't realize that spouses could withdraw funds from each other's RRSP.
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