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Level 2
posted Mar 3, 2022 7:31:50 PM

Home Buyer's Plan Repayment not Calculating

I am designating a HBP repayment as required, but I continue to get a warning that my repayment is less than the minimum payment amount.  Sure enough, when I look at the forms view of the HBP page, the amount from line 21 is not populating on line 24.  What am I doing wrong and how can I fix it?  Do I have to override line 24 and enter it manually?

0 5 1245
5 Replies
New Member
Mar 5, 2023 10:38:59 AM

I have the same issue

New Member
Mar 5, 2023 10:49:12 AM

Found the solution....this is happening because you have not entered an RRSP contribution (possibly didn't check the rrsp contribution box in the profile section).

Level 1
Apr 30, 2023 4:15:40 PM

I am having the exact same issue - the amount from line 21 is not populating on line 24 - to reflect my HBP repayment entered accurately.  The proposed solution to check the RRSP box in profile was not the issue as it was already selected.

 

Please help.

 

Thanks

Level 15
May 2, 2023 6:51:44 AM

Did you also enter your RRSP contribution amount?

Level 1
May 2, 2023 7:15:36 AM

Yes I did, I found out the reason was due to the rrsp itself and how it was set up. I spoke with turbo tax rep and got it all cleared out. Thank you so much for the follow up. This is closed issue now.