topic Re: RRSP Contribution in Credits and deductions

RRSP Contribution

RKG4 — Fri, 11 Apr 2025 14:54:42 GMT

Turbo Tax is using the entire carried over RRSP contribution from previous years as RRSP deduction. I want to use less amount. How do I do that?

Re: RRSP Contribution

Anonymous — Mon, 14 Apr 2025 17:47:59 GMT

In order to assist you properly, can you tell us which version of TurboTax you are using; Online or Desktop?

Can you please tell us if you contribute to your RRSP for 2024 tax year?

You can add allowable unused RRSP contributions to your income tax return on Part A of Schedule 7. Then indicate how much of your total RRSP contributions you want to deduct on Part C of the same schedule.

Thank you for choosing TurboTax.

Re: RRSP Contribution

RKG4 — Tue, 15 Apr 2025 00:22:31 GMT

I am using 2024 Online edition. Also where is the prompt for entering information formation for schedule 7.

Thanks,

Re: RRSP Contribution

TurboTax_Susan — Tue, 15 Apr 2025 23:23:52 GMT

You can change the amount of RRSP deduction you are using, as well as enter your Schedule 7 info in the RRSP section of TurboTax Online. To get there, you can click on "2024 tax return" and search for RRSP.

Re: RRSP Contribution

RKG4 — Thu, 17 Apr 2025 17:17:15 GMT

Thank you