Solved: I am trying designate my HBP contribution, but the...

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New Member

I am trying designate my HBP contribution, but the system tells me I am exceeding my RSP contribution. I made a spousal contribution much larger than my HBP amount.

Is this a bug in the software or can you not repay the HBP from a spousal contribution?

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New Member

I am trying designate my HBP contribution, but the system tells me I am exceeding my RSP contribution. I made a spousal contribution much larger than my HBP amount.

No.  You must contribute to your own RRSP in order to designate an amount as a repayment under your HBP. 

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Highlighted
New Member

I am trying designate my HBP contribution, but the system tells me I am exceeding my RSP contribution. I made a spousal contribution much larger than my HBP amount.

No.  You must contribute to your own RRSP in order to designate an amount as a repayment under your HBP. 

View solution in original post

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