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New Member
posted Oct 30, 2019 1:24:10 AM

I am not doing a HBP repayment amount. Where and how do I include that amount as investment income ?

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1 Best answer
New Member
Oct 30, 2019 1:24:11 AM

The minimum HBP repayment will be reported as income on Line 129 (RRSP income). Use the "RRSP" tab > "RRSP Profile" and select Home Buyers Plan repayment. Continue until you reach that screen. Provide the currernt balance of your HBP, the minimum repayment required and leave the other amounts blank. The correct income will transpose to your tax return and CRA will update your HBP balance going forward.

1 Replies
New Member
Oct 30, 2019 1:24:11 AM

The minimum HBP repayment will be reported as income on Line 129 (RRSP income). Use the "RRSP" tab > "RRSP Profile" and select Home Buyers Plan repayment. Continue until you reach that screen. Provide the currernt balance of your HBP, the minimum repayment required and leave the other amounts blank. The correct income will transpose to your tax return and CRA will update your HBP balance going forward.