What do I put in HBP section for "annual minimum repayment amount" if I withdrew this year and am not planning on paying back until 2020? (Have no NoA with information)
What do I put in HBP section for "annual minimum repayment amount" if I withdrew this year and am not planning on paying back until 2020? (Have no NoA with information)
I had selected at the start that I had withdrew RRSPs in the year with the HBP and that I didn't need to make repayments.
I withdrew $25000 this year, so I thought I would put $1666.67 as the minimum (25000/15). But the RRSP summary page makes it look like i need to be repaying that amount this year, but I don't need to pay that amount until 2020. Should I just put $0 instead?
I don't have a Notice of Assessment with this information as I just withdrew it this year.
What do I put in HBP section for "annual minimum repayment amount" if I withdrew this year and am not planning on paying back until 2020? (Have no NoA with information)
Since you have no repayments required, you can simply leave the HBP section blank. Remove any entries you've put in.
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