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 Feb 19, 2024 11:26:09 AM

My taxable income shows as $29000…pension, CPP and RRSP I had tax deducted at source, but my Net Income still shows the same as my Taxable. Shouldn’t tax come off Net?

0 1 161
1 Replies
Moderator
Feb 19, 2024 12:26:13 PM

Your RRSP deduction is removed for Net Income. You are credited for payroll tax, CPP & EI later in the return.