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ally7007
New Member

Won't let me add RRSP amount "You cannot claim an RRSP/PRPP deduction greater than your RRSP/PRPP contributions available to deduct for 2020 "

is the message i'm getting
1 Reply

Won't let me add RRSP amount "You cannot claim an RRSP/PRPP deduction greater than your RRSP/PRPP contributions available to deduct for 2020 "

Thank you for your question.

 

You cannot claim a larger RRSP/PRPP deduction than your contribution room allows you to. If you do, you will have to pay a tax on the excess amount.

 

For more information, please see the link below:

 

What happens if you go over your RRSP deduction limit?

 

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