topic I got a RRSP upon retirement from her employer.this shows up on box 67 on her T4 .She took 5000 out which I recorded as RRSP income. .Do I report the cashed in RRSP? in Seniors and students https://turbotax.community.intuit.ca/community/seniors-students/discussion/i-got-a-rrsp-upon-retirement-from-her-employer-this-shows-up-on-box-67-on-her-t4-she-took-5000-out/01/923229#M5549 Wed, 30 Oct 2019 22:36:38 GMT bobturnermb 2019-10-30T22:36:38Z I got a RRSP upon retirement from her employer.this shows up on box 67 on her T4 .She took 5000 out which I recorded as RRSP income. .Do I report the cashed in RRSP? https://turbotax.community.intuit.ca/community/seniors-students/discussion/i-got-a-rrsp-upon-retirement-from-her-employer-this-shows-up-on-box-67-on-her-t4-she-took-5000-out/01/923229#M5549 Wed, 30 Oct 2019 22:36:38 GMT https://turbotax.community.intuit.ca/community/seniors-students/discussion/i-got-a-rrsp-upon-retirement-from-her-employer-this-shows-up-on-box-67-on-her-t4-she-took-5000-out/01/923229#M5549 bobturnermb 2019-10-30T22:36:38Z You should have three separate tax slips for this transac... https://turbotax.community.intuit.ca/community/seniors-students/discussion/you-should-have-three-separate-tax-slips-for-this-transac/01/923230#M5550 <P>You should have three separate tax slips for this transaction and need to report them as follows:</P><UL> <LI>The amount in Box 67 of a T4 (Non-Eligible Retiring Allowance) needs to be reported as income even if you didn't purchase an RRSP.&nbsp;</LI> <LI>If an RRSP was purchased, that is a totally separate tax slip and needs to be entered on the tax return of who "contributed" to it. (If this was a "spousal RRSP", it will say Contributor and Annuitant and gets reported by the Contributor.)</LI> <LI>If an RRSP was then withdrawn, a T4RSP slip showing the amount of the withdrawal and any income tax withheld on it will be issued. (If this was a "spousal RRSP, the slip is issued in the annuitant's name and special rules apply if it was withdrawn within 3 years of contributing).</LI> </UL> Wed, 30 Oct 2019 22:36:39 GMT https://turbotax.community.intuit.ca/community/seniors-students/discussion/you-should-have-three-separate-tax-slips-for-this-transac/01/923230#M5550 TurboTaxKim 2019-10-30T22:36:39Z
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topic I got a RRSP upon retirement from her employer.this shows up on box 67 on her T4 .She took 5000 out which I recorded as RRSP income. .Do I report the cashed in RRSP? in Seniors and students
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https://turbotax.community.intuit.ca/community/seniors-students/discussion/i-got-a-rrsp-upon-retirement-from-her-employer-this-shows-up-on-box-67-on-her-t4-she-took-5000-out/01/923229#M5549
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I got a RRSP upon retirement from her employer.this shows up on box 67 on her T4 .She took 5000 out which I recorded as RRSP income. .Do I report the cashed in RRSP?
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https://turbotax.community.intuit.ca/community/seniors-students/discussion/i-got-a-rrsp-upon-retirement-from-her-employer-this-shows-up-on-box-67-on-her-t4-she-took-5000-out/01/923229#M5549
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You should have three separate tax slips for this transac...
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https://turbotax.community.intuit.ca/community/seniors-students/discussion/you-should-have-three-separate-tax-slips-for-this-transac/01/923230#M5550
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<P>You should have three separate tax slips for this transaction and need to report them as follows:</P><UL> <LI>The amount in Box 67 of a T4 (Non-Eligible Retiring Allowance) needs to be reported as income even if you didn't purchase an RRSP.&nbsp;</LI> <LI>If an RRSP was purchased, that is a totally separate tax slip and needs to be entered on the tax return of who "contributed" to it. (If this was a "spousal RRSP", it will say Contributor and Annuitant and gets reported by the Contributor.)</LI> <LI>If an RRSP was then withdrawn, a T4RSP slip showing the amount of the withdrawal and any income tax withheld on it will be issued. (If this was a "spousal RRSP, the slip is issued in the annuitant's name and special rules apply if it was withdrawn within 3 years of contributing).</LI> </UL>
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<pubDate>Wed, 30 Oct 2019 22:36:39 GMT</pubDate>
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https://turbotax.community.intuit.ca/community/seniors-students/discussion/you-should-have-three-separate-tax-slips-for-this-transac/01/923230#M5550
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