Open TurboTax

Why sign in to the Community?

  • Submit a question
  • Check your notifications
or and start working on your taxes
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

cancel
Showing results for 
Search instead for 
Did you mean: 

In 'income', where do i enter llp required repayment amount as rrsp income?

i need to enter $2000 CAD as income for my minimum required LLP repayment (i did not contribute to any RRSP last year and cannot designate a repayment there). when receiving a warning, the fix button does not fix anything, and it does not bring me where it should, to fix the problem.

1 Best answer

Accepted Solutions

In 'income', where do i enter llp required repayment amount as rrsp income?

When you are going through the RRSP section of the interview, you need to indicate that you have a required repayment for LLP. As long as this is entered, the software will automatically calculate the income inclusion if you have not made any RRSP contributions.

If you save a copy of your return for your archive, on the T1 Box 129, it will include the LLP amount.

View solution in original post

1 Reply

In 'income', where do i enter llp required repayment amount as rrsp income?

When you are going through the RRSP section of the interview, you need to indicate that you have a required repayment for LLP. As long as this is entered, the software will automatically calculate the income inclusion if you have not made any RRSP contributions.

If you save a copy of your return for your archive, on the T1 Box 129, it will include the LLP amount.