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wojd1248
New Member

I have a PAD receipt for pension buyback contributions. Do I include this?

 
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I have a PAD receipt for pension buyback contributions. Do I include this?

Yes, you do need to include your pension buyback contributions on your income tax return.  

On-Line version:  to enter them navigate to the RRSP Tab > RRSP Profile > continue to the Registered Pension Plan Deduction screen and enter the $value of your receipt in past services contribution for after 1989 entry field.

Desktop Easy Step version:  navigate to the RRSP tab > RRSP Profile > chose the box "Claim for undeducted contributions... for past service" (bottom box).   continue to the Registered Pension Plan Deduction screen and enter the $value of your receipt in past services contribution for after 1989 entry field.