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I have a $4,000 RRSP deduction limit and my wife has a RRSP deduction limit of $16,000, how to use these amounts to maximize our tax refunds if can be used?

 
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I have a $4,000 RRSP deduction limit and my wife has a RRSP deduction limit of $16,000, how to use these amounts to maximize our tax refunds if can be used?

Please find below a TurboTax video to help include your RRSP deductions.

How do I enter RRSP contributions in TurboTax Online?

 

Once done, you will have the option of unlocking the RRSP Optimizer where you can adjust the amounts that would be beneficial towards a possible higher refund and help decide the amount of deductible RRSP being used for this tax year.

 

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