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    mauve
    New Member

    If i have RRSP contributions that i want to keep for next year, do i need to report this on a schedule 7?

     
    posted
    ‎October 31, 2019 5:01 AM
    last updated ‎October 31, 2019 5:01 AM
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    TurboTaxMary-Ann1
    Level 13

    If i have RRSP contributions that i want to keep for next year, do i need to report this on a schedule 7?

    You do need to report your RRSP's on your 2018 income tax return but you do not have to deduct them.  You can choose to carry them forward and claim them in the future.

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    ‎October 31, 2019 5:01 AM
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    1 Reply
    TurboTaxMary-Ann1
    Level 13

    If i have RRSP contributions that i want to keep for next year, do i need to report this on a schedule 7?

    You do need to report your RRSP's on your 2018 income tax return but you do not have to deduct them.  You can choose to carry them forward and claim them in the future.

    ‎October 31, 2019 5:01 AM
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    1,058
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