How to: Claim unused RRSP contributions from prior year?????????

[pogdub]

I have unused RRSP contributions from prior year i need to claim this year, but TurbroTax offers no place to do that. Help documents lead to nowhere:
The information on this Help Link doesn't provide details on how to "Select the applicable option for instructions on how to claim unused RRSP contributions."

https://turbotax.community.intuit.ca/turbotax-support/en-ca/help-article/retirement-benefits/claim-u...

[TurboTaxSusan]

Are you using TurboTax CD/Download or TurboTax Online?

[elieabounaderj]

I’m using TurboTax online and I can’t find the way to claim the unused RRSP contributions passed since 2023

[TurboTaxSusan]

@elieabounaderj Search for "RRSP/PRPP contributions", then check off "Have unused RRSP/PRPP contributions from prior years". Continue through until you get to that page.

[elieabounaderj]

Hey Susan,

indeed checking the box will show the unused RRSP contribution from previous years but it doesn’t seem to be a way in turbo tax to declare that amount for 2024 taxes. And also the T1 doesn’t mention that number at all.

i tried to reach out to turbotax support and 3 people don’t seem to know how to help

also reached out to CRA and they mentioned that the amount is on the notice of assessment and turbotax app should have a way to do it and that if I was filing my taxes on paper instead of online this would be done by filling the schedule 7 part D.

Can you advise me how to proceed at this stage ?

[TurboTaxSusan]

Schedule 7 Part D is Unused RRSP contributions available to carry forward. To do that in TurboTax Online, you'd have to check off "Made RRSP/SPP contributions you wish to carry forward and deduct in a future year" on the RRSP page.

But that's not going to claim unused amounts on your 2024 return, that's going to carry forward amounts to 2025.

If you have a contribution from 2023 that you didn't claim in 2023, then you would need to add it to that year's return and carry it forward.

[elieabounaderj]

Hello @TurboTaxSusan,

Is there a way for us to have a call as explaining here may be misleading for you because I feel like I’m not using the correct words. But I’ll try to give more details about my situation hopefully with the proper technical terms.

i arrived to Canada in Jan 2023, so in 2024 it was my first time reporting taxes (for 2023 tax year). RRSP contribution were done in Jan and Feb 2024, but they couldn’t be claimed as tax deductions because of my situation(being a newcomer in Canada). So that amount was carried over to 2024 tax year. I can see the “unused RRSP contribution” in my 2023 NOA.

I want to use this amount to deduct it from my taxable income for 2024. Here is where I am lost and not able to understand the way to do it in turbotax. Currently my RRSP total = available to contribute (which I maxed) + unused RRSP (which was declared in my previous tax year and available in my NOA but don’t know how to use/deduct for this year)

I hope the above clarifies my situation and please let me know if we can schedule a call as I already tried calling turbotax and 3 people tried assisting me but couldn’t reach the right answer and been transferred from one to another without any resolution. And here I am trying to see if the community can help when the support couldn’t 

[TurboTaxSusan]

You just have to enter your unused amount from 2023 and your contributions from 2024, and TurboTax will automatically deduct the amounts from your tax return on Line 20800 (See it on the detailed summary). You only have have to do something else if you *don't* want TurboTax to use the full amount that you can deduct.

I'm not a phone agent so I would not be able to contact you by phone. If you still need help I can request that someone phone you.