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: 
bljcl91
New Member

My RRSP contribution room is $15,849, I made a 2017 RRSP contribution of $3,923.09, my T4 shows a Pension Adjustment of $13,849. Did I over contributed by $1,923.09?

 
1 Best answer

Accepted Solutions

My RRSP contribution room is $15,849, I made a 2017 RRSP contribution of $3,923.09, my T4 shows a Pension Adjustment of $13,849. Did I over contributed by $1,923.09?

The Pension Adjustment included on your T4 will be used by CRA to determine your 2018 RRSP contribution limit and has no impact on the amount you can contribute in 2017.

View solution in original post

1 Reply

My RRSP contribution room is $15,849, I made a 2017 RRSP contribution of $3,923.09, my T4 shows a Pension Adjustment of $13,849. Did I over contributed by $1,923.09?

The Pension Adjustment included on your T4 will be used by CRA to determine your 2018 RRSP contribution limit and has no impact on the amount you can contribute in 2017.