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Returning Member
posted Feb 21, 2023 6:07:15 PM

I received a RL-10 from FTQ and I recorded RL-10, do I still record to RRSP contribution the same amount for it?

I received a RL-10 from FTQ and I recorded RL-10, do I still record the same amount for RRSP contribution? or you can only record it once to RL-10?

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1 Replies
Level 15
Feb 24, 2023 7:41:13 AM

Please follow the instructions below:

Contributions to FTQ and CSN are RRSPsStart with filling out your RRSP profile that you can find on the left side menu, and then you can fill out the labor-sponsored venture capital (or funds tax credit). 

Check off that you have contributed to RRSPs and check other boxes according to your situation.

Continue and enter your RRSPs indicating the fund FTQ or CSN.

Click Done with RRSP when finished.

Click on Provincial – Quebec Credits – Quebec Credits Profile on the left side menu. The Your Quebec Credit Profile screen comes up. 

Check off the Tax credit for Labor-sponsored venture capital (if it isn’t checked off already)

Continue

The Labor-sponsored venture capital screen will come up. Enter the information. 

You can verify if your RRSP deductions have been entered on line 20800 of the federal return and lines 214 and 424 of the provincial return.

 

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