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New Member
posted May 7, 2025 3:02:22 PM

How to answer "If you opened your first FHSA in 2024, or if you have amounts from 2023 reported on a notice of assessment or a T1028 for 2024"? Neither option applies

I am trying to answer the question "Select if you opened your first FHSA in 2024, or if you have FHSA amounts from 2023 reported on a notice of assessment (NOA) or a T1028 for 2024". The two available options are: "I opened my first FHSA in 2024" or "I have FHSA amounts from prior years reported on a notice of assessment or a T1028". I opened my FHSA in 2023 and don't have any unclaimed amounts from prior years, so I don't think either of these options apply to me?

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2 Replies
Moderator
May 8, 2025 2:24:06 PM

If you haven't made any contributions to your FHSA, then you'll still have a contribution limit that should be on your NOA. So, you would choose "I have FHSA amounts from prior years reported on a notice of assessment or a T1028". 

 

New Member
May 8, 2025 6:37:08 PM

Hi, thanks for your response.  I actually have contributed the full amount for each year that I have had the FHSA.