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New Member
posted Mar 4, 2024 8:02:40 PM

I am first time tax applying and I am a student so what should I mention in RRSP contribution limit?

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1 Replies
Moderator
Mar 5, 2024 8:05:07 AM

You do not have a limit yet if you are a first time filer. Each year that you work and report your income to the Canada Revenue Agency (CRA), you automatically build new RRSP contribution room. The CRA will advise you of your contribution limit on your Notice Of Assessment. You can skip this entry.

 

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