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: 
m_boyer11
New Member

I converted a RIF into an RRSP. I have entered the t4RIF but I can't seem to be able to enter the transfer into my RRSP. How and where to I enter the transfer amount to

 
1 Reply

I converted a RIF into an RRSP. I have entered the t4RIF but I can't seem to be able to enter the transfer into my RRSP. How and where to I enter the transfer amount to

If you converted an RRIF back to an RRSP, you should receive a T4RIF slip. You should also receive a corresponding RRSP Contribution Slip that should say "designated transfer" and will need to enter this in the RRSP Profile and specify the transfer.

After entering both the T4RIF slip and the RRSP Contribution slip, go to the RRSP tab > Transfers to RRSPs. On that page, the amount you entered from Box 24 on your T4RIF should be there as "The amount of eligible income that has automatically calculated as a designated transfer". You will now need to enter the amount of the designated transfer, as shown in ...