Is your HBP repayment amount included/part of your rrsp deduction limit?

[dmp2]

I have to repay withdrawal for my HBP repayment when I repay is that amount part of my RRSP deduction limit? (I.e. max amount to contribute to rrsp is 25,000, I have to repay 1000 for HBP, does that mean I can still contribute the 25,000 to my rrsp and an additional 1000 to my HBP)?

[TurboTaxMary-Ann1 · Accepted solution]

Your Home Buyers Plan repayment amount is not deducted from your RRSP contribution limit.  You can make your Home Buyers repayment and still contribute the full amount to your RRSP's.

[ocius1]

You didn't actually answer the question. Is it $26,000 total, or $25,000?