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cardielflores
New Member

I am trying to enter a T4RIF. The amounts in box #16 and box #24 are the SAME but Turbo tax won't accept it with "the amount in #24 must not exceed #16. Any suggestions?

 
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Lvsingh_2692
Level 1

I am trying to enter a T4RIF. The amounts in box #16 and box #24 are the SAME but Turbo tax won't accept it with "the amount in #24 must not exceed #16. Any suggestions?

As per CRA, Box 24 – Excess amount

This is the taxable part of amounts received in the year that is more than the minimum amount. This amount is already included in box 16. Only report the box 16 amount on your return.

 

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