The Turbo Tax program allows for RRSP contributions over the period:
There is no option to enter a contribution in Feb 2018. I recognize the same amount is then included further down the RRSP Screen as a designated transfer. Please advise....Thx
When a designated transfer takes places in the first 60 days of the taxation year (2018), the contribution receipt received for the transfer must be reported on the previous year's tax return (2017). So this involves a bit of extra work in order to have that transfer amount offset the income you are reporting on your 2018 tax return.
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