Open TurboTax

Why sign in to the Community?

  • Submit a question
  • Check your notifications
or and start working on your taxes
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

cancel
Showing results for 
Search instead for 
Did you mean: 

What if you have a bonus that was put straight into an RRSP (Goss amount) before March 1st 2018 deadline. It won't match up on the 2017 t4. What do I do?

Confused on how to enter this because it's not on the 2017 t4.

1 Reply

What if you have a bonus that was put straight into an RRSP (Goss amount) before March 1st 2018 deadline. It won't match up on the 2017 t4. What do I do?

If you received a bonus of an RRSP Contribution, there is no separate entry on your T4 to "match up" with. Bonuses should be included in Box 14 of the T4 and shown in Box 40 as "Other taxable allowances and benefits" only. The only thing you need to enter in your actual tax return is the amount of the contribution made on your behalf and shown on the official RRSP Contribution slip you have been issued.

Do not confuse RRSP Contributions with Box 20 of the T4 - RPP (Registered Pension Plan) contributions.