Open TurboTax

Why sign in to the Community?

  • Submit a question
  • Check your notifications
or and start working on your taxes
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

cancel
Showing results for 
Search instead for 
Did you mean: 

How do I tell turbotax what my 2020 RSP deduction limit is?

 
1 Reply

How do I tell turbotax what my 2020 RSP deduction limit is?

To enter your RRSP deduction limit for 2020, please follow the steps below:

  1. Click on the find icon in the top-right corner.
  2. Type "RRSP" and select "RRSP Profile" below.
  3. You will be at "Your RRSP Profile for 2020" titled page.
  4. Checkmark the option headed "Made RRSP contributions during 2020 or the first 60 days of 2021".
  5. Click "Continue".

Afterward, the very first page you'll see would be asking "What's your RRSP/PRPP deduction limit?" and below you'll enter the details or amount of deduction limit as per your 2019 Notice of Assessment (NOA).

 

Thank you for using TurboTax.