Why sign in to the Community?

  • Submit a question
  • Check your notifications
Sign in to the Community or Sign in to TurboTax and start working on your taxes
New Member
posted Oct 30, 2019 12:18:28 AM

If my spouse has contributed less to a spousal rrsp than what was withdrawn should he claim the lesser of the two?

he contributes to the spousal rrsp monthly through payroll deduction and has for about 5 years.  we took out a small withdrawal in 2015

0 1 430
1 Best answer
New Member
Oct 30, 2019 12:18:29 AM

Still record all contributions, and record the amount of the withdrawal.  The withdrawal is income, and the contributions are deductions, and therefore recorded on separate places of the tax return.

1 Replies
New Member
Oct 30, 2019 12:18:29 AM

Still record all contributions, and record the amount of the withdrawal.  The withdrawal is income, and the contributions are deductions, and therefore recorded on separate places of the tax return.