Why sign in to the Community?

  • Submit a question
  • Check your notifications
Sign in to the Community or Sign in to TurboTax and start working on your taxes
New Member
posted Oct 30, 2019 1:36:43 PM

My spouse died and his RSP was rolled over to mine by the investmt firm. I also rec’d a T4RSP slip. How should it be entered on TurboTx?

I also rec’d a contribution in kind RSP statement. It was my understanding  a T4RSP is a statement of income? This is a spousal rollover.

Thank You

0 2 1393
2 Replies
New Member
Oct 30, 2019 1:36:45 PM

Provide the information from the T4RSP income slip. Then enter the contribution information in the RRSP section and add the designated transfer amount.

New Member
Feb 7, 2020 8:44:20 PM

So in this case, I enter my deceased spouse RRSP rollover  as "designated transfer", and I made my own RRSP contribution below my current RRSP allowance. How come the Turbo Tax calculation on RRSP allowance for forward year becomes "zero" ?