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New Member
posted Feb 24, 2023 12:15:39 PM

With no earned income but a large carry forward amount can one still contribute to a RRSP

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1 Replies
Intuit Alumni
Feb 28, 2023 6:07:00 AM

Yes, if you still have contribution room as per the Canada Revenue Agency (CRA), you can continue to contribute to your RRSPs and claim them in that year but save the deduction for a future year when it is needed to lower your taxes. For more information, please see our TurboTax article: RRSPs and Your Tax Return: The Bottom Line.

 

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