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Anonymous
Not applicable

I have only contributed a small amount of my maximum RRSP allowance. Is the unused amount automatically carried forward?

For example, if my RRSP limit for 2019 was say 10,000 and i only contributed 5,000. Is the remaining unused, 5,000 automatically carried forward or must i enter this information somewhere on the online forms.

2 Replies

I have only contributed a small amount of my maximum RRSP allowance. Is the unused amount automatically carried forward?

Yes, your unused RRSP contribution room is always automatically added to the future contribution room in future years.

Here is a TurboTax FAQ about RRSP information, if needed. https://turbotax.community.intuit.ca/community/tax-topics/help/where-can-i-find-out-how-much-room-i-...

Anonymous
Not applicable

I have only contributed a small amount of my maximum RRSP allowance. Is the unused amount automatically carried forward?

Thank you