T4RSP Question: I withdrew money from an RRSP this year. Box 22 shows $1502.73 and the tax deducted was $150.27 (box 30) however the turbo summary shows 1878.25.Why high
Why does the software income summary show higher than the RRSP withdrawal was?
T4RSP Question: I withdrew money from an RRSP this year. Box 22 shows $1502.73 and the tax deducted was $150.27 (box 30) however the turbo summary shows 1878.25.Why high
Ding Ding Ding Ding. You nailed it. Thank you so much for the answer. Yes I do and now I see why that ended up in the RRSP income line. The repayment amount which would now be income and the cashed RRSP add up to the total. Thank you again.
T4RSP Question: I withdrew money from an RRSP this year. Box 22 shows $1502.73 and the tax deducted was $150.27 (box 30) however the turbo summary shows 1878.25.Why high
It was probably from a Home Buyers Plan which you did not repay in full.
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