New Member

posted Oct 29, 2019 9:54:00 PM

I am using Turbo Tax Standard. Does it provide a Form 7 etc.. to deduct repayment to homeowners plan from my RRSP?

I am not a new homebuyer. Last year I used Tuurbotax standard and forgot to make the deduction. The amount was added to my return as income. I do not want to make the same mistake this year. How and where do I declare my HBP Repayment?

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1 Best answer

New Member

Oct 29, 2019 9:54:01 PM

Thank you for your question.

You can compare TurboTax software using the links below. Complete the "Tell Us About You" section at the top to choose the software which meets your needs.

TurboTax Desktop software for PC: http://turbotax.intuit.ca/personal-tax-software/download-tax-software.jsp

TurboTax Online for PC and Mac: http://turbotax.intuit.ca/personal-tax-software/online-tax-software.jsp

Kindly follow this link for more information about designating a repayment amount for the Home Buyer's Plan https://turbotax.community.intuit.ca/questions/1190083-designate-a-repayment-amount-for-the-home-buy...

1 Replies

New Member

Oct 29, 2019 9:54:01 PM

Thank you for your question.

You can compare TurboTax software using the links below. Complete the "Tell Us About You" section at the top to choose the software which meets your needs.

TurboTax Desktop software for PC: http://turbotax.intuit.ca/personal-tax-software/download-tax-software.jsp

TurboTax Online for PC and Mac: http://turbotax.intuit.ca/personal-tax-software/online-tax-software.jsp

Kindly follow this link for more information about designating a repayment amount for the Home Buyer's Plan https://turbotax.community.intuit.ca/questions/1190083-designate-a-repayment-amount-for-the-home-buy...