How do I record a withdrawal from my RRSP for the Home Buyers Plan? Is it part of the automatic download or do I also enter it into the HBP section?
If you withdrew the money in 2018 and you're filing for the tax year 2018, you won't need to indicate on your return that you've withdrawn the money. Your financial institution will send you and the CRA paperwork that indicates that you've withdrawn the money. When you deposit the money back into your RRSP, you'll be required to indicate the amount of the repayment on your return.
You have clicked a link to a site outside of the TurboTax Community. By clicking "Continue", you will leave the Community and be taken to that site instead.
Sign In
Canada (English)
EN
