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New Member
posted May 26, 2020 6:21:38 PM

If my spouse did not make any RRSP contributions, can I utilize their allowable amount? Or can they claim my excess contributions?

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1 Replies
Level 15
May 27, 2020 4:33:36 PM

No, you cannot use your spouse's RRSP contribution limit and vice-versa.

 

Even when purchasing Spousal RRSPs, your own RRSP contribution limit is used. Spousal RRSPs are treated the same as a regular RRSP contribution when purchased, with the purchaser's RRSP limit defining how much can be purchased and the purchaser also claiming the deduction on their tax return.