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pennyy88
New Member

Which box 24 option do I use for "excess amount" from a RRIF? It gives 3 options---withdrawl payment, transferred to RRSP, and transferred to RRIF.

 
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Which box 24 option do I use for "excess amount" from a RRIF? It gives 3 options---withdrawl payment, transferred to RRSP, and transferred to RRIF.

If the money was actually paid out to the annuitant as income use the first box 24 on the T4RIF screen.