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New Member
posted Oct 30, 2019 12:14:46 PM

I had unused RRSP carry forward from previous years and did not contribute to RRSP for 2017. I'm finding out I can't pay back HBP with previous contributions, now what?

Software is not letting me proceed and I'm wondering what the impact is with CRA in this situation?

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1 Best answer
Level 7
Oct 30, 2019 12:14:47 PM

I just went through the program. You can use the carry forward amount to pay the HBP repayment.

Make sure the unused RRSP contributions are showing correctly. 

Enter the amounts to be repaid on the HBP screen.

2 Replies
Level 7
Oct 30, 2019 12:14:47 PM

I just went through the program. You can use the carry forward amount to pay the HBP repayment.

Make sure the unused RRSP contributions are showing correctly. 

Enter the amounts to be repaid on the HBP screen.

New Member
Oct 30, 2019 12:14:49 PM

Thanks for confirming that, I ended up ignoring the error and it all worked out after.  I was really worried there for a second I was going to get penalized for something.