I started HBP in 2011 when i purchased a home. I pay $90 each month to pay back to my RRSP under the HBP.
Why does it say "2018 HBP and LLP repayment required but not made and included in income? "
CRA shows: 2018 required repayment - $1,000.00
When using TurboTax Online, click on Find in the top right-hand corner, type RRSP profile, select it and click Go. Put a checkmark next to, "Made RRSP contributions during 2018 or the first 60 days of 2019" and put checkmarks next to, "Repayment or withdrawals for the Home Buyers Plan (HBP)" and "Repayment or withdrawals for the Lifelong Learning Plan (LLP)" and click Continue. Enter your RRSP deduction limit and your RRSP contributions. Click on Continue, you will be prompted to enter your HBP repayments and your LLP repayments.
LLP is the life long learning plan. It applies when you withdraw money from your RRSP's to attend post-secondary school. Unless you designate your RRSP contributions as HBP repayments, it does not happen automatically. It will simply count as an RRSP contribution and your repayment amount will be added to your income.