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posted Oct 31, 2019 5:01:46 AM

If i have RRSP contributions that i want to keep for next year, do i need to report this on a schedule 7?

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1 Best answer
Level 13
Oct 31, 2019 5:01:48 AM

You do need to report your RRSP's on your 2018 income tax return but you do not have to deduct them.  You can choose to carry them forward and claim them in the future.

1 Replies
Level 13
Oct 31, 2019 5:01:48 AM

You do need to report your RRSP's on your 2018 income tax return but you do not have to deduct them.  You can choose to carry them forward and claim them in the future.