The amount you designate for transfer to an RRSP/PRPP cannot be greater than the eligible income reported for transfer.

Do you have qualifying income reported on any of a T4, T4A, T4RIF, T4RSP (etc) that can be transferred?

All I have entered is my income from employment from my t4. No other income.

Then you would not be transferring any amount for RRSP purposes. Are you making a new contribution to your RRSP?

Please clarify the nature of the payment you are considering to designate as a transfer.  The CRA has the Guide T4040 RRSPs and Other Registered Plans for Retirement: http://www.cra-arc.gc.ca/E/pub/tg/t4040/t4040-e.html#P2464_83200  Where charts 8 & 9 discuss amounts that can be transferred either indirectly or directly.

Have you transferred any funds to your registered plan? How is this being reported to you?

OK.  All I did was fill out my T4 income into the T4 field.  Then I filled out my RRSP contribution from the RRSP tax receipts. It was only a $400 contribution. That's it.

I'm not trying to transfer anything.

Under the "RRSP" tab > then "RRSP Profile" make sure to uncheck the box that says "Transfers to RRSP".

If that box is not checked you should not see the "Transfer" area in Turbo Tax. Where are you seeing this message?

The only box I have checked is "Made RRSP contribution during 2015 or the first 60 days of 2016".  The transfer box is unchecked.  However when I get to the RRSP summary page, it says

Total RRSP contribution.   400
Transfers to RRSPs   400

Deduction limit    37,000
2015 RRSP deduction  400

Not sure why it says transfers to RRSP if the box is unchecked.


I get the error when I go to NETFILE. It says I have to fix it first.

Put a check mark in the box under RRSP Profile "Transfers.." and review any entries there.

It was pre populated with $2000 for some reason.  Which shouldn't matter if the transfer box is not checked.... I never had a reason to go into there before.    But I put $0 and unchecked the transfer box, and it has corrected itself.   Wow.  That was a pain and a half.  Thank you so much for your help.

I have the same error message while going to NETFILE.
I have 29000 dedaction limit and 5000 RRSP for 2016 and first 60 days of 2017.
I have no box for "Transfers ..."
How can I NETFILE, please?

Its done, I found the mistake. Thank you.

Thank you for updating your issue. If you care to share the required correction it may assist other users this tax season with a similar problem.

Sorry for the inconvenience, glad to have helped you solve it in the end.