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New Member
posted May 9, 2021 12:31:44 PM

How do I proceed to filing if I did not make sufficient RRSP contribution to repay HBP?

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1 Replies
Level 3
Nov 16, 2022 5:40:28 PM

If you fail to make a contribution in any year, it doesn’t increase the future payments’ amounts. The missing payment will be added to line 12900 of your income tax return as an RRSP income. Then, future payments will not be changed. This will be part of the T4RSP form.

For full information view link below:

https://turbotax.intuit.ca/tips/repaying-withdrawals-under-the-home-buyers-plan-5216

 

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