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New Member
posted Oct 29, 2019 6:48:21 PM

My husband put 5000 into RRSP and sold them in the same year and paid 1000. Does this count as a contribution where and as what do I enter all this information

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1 Best answer
New Member
Oct 29, 2019 6:48:22 PM

If $1000 was withheld when he withdrew the money, then the bank/fund company will need to provide both a RRSP contribution receipt and a T4RSP (showing the tax withheld). The end result will be neutral, but the slips are needed to get that $1000 back.

2 Replies
New Member
Oct 29, 2019 6:48:22 PM

If $1000 was withheld when he withdrew the money, then the bank/fund company will need to provide both a RRSP contribution receipt and a T4RSP (showing the tax withheld). The end result will be neutral, but the slips are needed to get that $1000 back.

Level 2
Oct 29, 2019 6:48:25 PM

You would probably be best to contact the investment advisers to find out if there are any slips coming.