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jhelland
New Member

My RRSP contributions go into a Pension that is matched by the employer so it shows up on my T4, but doesn't seem to be "showing up" in the RRSP calculator section. Help

 
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My RRSP contributions go into a Pension that is matched by the employer so it shows up on my T4, but doesn't seem to be "showing up" in the RRSP calculator section. Help

Are you using TurboTax CD/Download or TurboTax Online?

jhelland
New Member

My RRSP contributions go into a Pension that is matched by the employer so it shows up on my T4, but doesn't seem to be "showing up" in the RRSP calculator section. Help

Online version.

My RRSP contributions go into a Pension that is matched by the employer so it shows up on my T4, but doesn't seem to be "showing up" in the RRSP calculator section. Help

Unfortunately, the RRSP doesn't automatically add contributions shown on a T4. You can add the amount using the slider.

jhelland
New Member

My RRSP contributions go into a Pension that is matched by the employer so it shows up on my T4, but doesn't seem to be "showing up" in the RRSP calculator section. Help

If I use the slider, it isn't going to over-count my contribution on my tax return?  What if I enter an "RRSP Slip" for the total contribution on my T4?  I assume that will over-count it....

My RRSP contributions go into a Pension that is matched by the employer so it shows up on my T4, but doesn't seem to be "showing up" in the RRSP calculator section. Help

Could you tell me what box on your T4 you are finding the RRSP amount?

 

Thank you for choosing TurboTax.

jhelland
New Member

My RRSP contributions go into a Pension that is matched by the employer so it shows up on my T4, but doesn't seem to be "showing up" in the RRSP calculator section. Help

Box 52

My RRSP contributions go into a Pension that is matched by the employer so it shows up on my T4, but doesn't seem to be "showing up" in the RRSP calculator section. Help

As per the Canada Revenue Agency (CRA) Box 52 - Pension adjustment - line 20600

Generally, this amount represents the value of the benefits you earned in the year under a registered pension plan or a deferred profit-sharing plan.

This amount is not an income or a deduction. You only have to enter it on line 20600 of your return. The CRA will use it to calculate your RRSP/PRPP deduction limit for next year, which the CRA will show on your latest notice of assessment, notice of reassessment, or Form T1028, Your RRSP/PRPP Information for 2019.

 

Thank you for choosing TurboTax.