HBP Limit is not correct in software

[TurboTaxLise]

@SHYBURAPHEL - Yes, I am referring to TurboTax software.  When you start the "Review" of your tax return, you will come across tax tips, warning, smart tips and you will get to the "Review Errors" screen, this is where you will see the HBP error - which asks you to "fix", this is where you will be able to enter if it has been made before or after March 2019. When you answer "yes" to this question, you will see then on the detailed tax summary page that your RRSP income amount has been removed.

Please see screenshots below:

@kj2940 - thanks for the catch on that blog - fixed!

[impotnet]

Hi @TurboTaxLise ,

The federal portion seems to have been resolved (as you mentionned, the software prompts you to define if it was made after March 19 2019), but it still adds any amount above $25,000 to your income on the provincial side (in Quebec). When is this going to be fixed?

[impotnet]

Any answer? We cannot complete and submit our tax report until this is fixed, although we paid the full amount for the software...

[SHYBURAPHEL]

When I created a new file it worked

[impotnet]

It only works for the federal portion, not for the Quebec portion.

[beamforming]

I have the same issue. the HBP limit is still not fixed in quebec return.