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New Member
posted Oct 30, 2019 1:16:06 PM

If only include 2017 RRSP contributions, I am below my limit but if add jan-feb 2018 I am $5K over. Declared all but only deducted a portion. Did I over contribute?

Here it's all the breakdown
1) 2017 RRSP limit => 22,265
2) Pension adjustment from employer T4 => 13,291
3) March 1 to Dec 31 2017 RRSP contributions =>7,910
4) Jan 1 to Feb 2018 RRSP contributions => 6,126
5)  RRSP amount used to deduct 2017 income=>8,970
6) RRSP unused to be carried over future years => 5,066

0 1 706
1 Replies
New Member
Oct 30, 2019 1:16:08 PM

Contributions in the first 60 days of 2018 can be used for 2017 or 2018.  You were correct to enter them in your 2017 return and carry them forward to 2018.  Assuming that you have enough contribution room for 2018, you have not over contributed.