HBP what does it mean if i check the box which says Designate an amount as a HBP repayment? Do i imput the amount thats showing on his HBP statement of account?

[TonyC11 · Accepted solution]

It is an amount of annual repayment. Should be on the statement. The minimum is1/15 of the amount withdrawn from the RRSP under the HBP. Because you are given 15 years to repay.