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SanV
Level 2

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?

5 Replies
Helimech
New Member

Home Buyer's Plan Repayment not Calculating

I have the same issue

Helimech
New Member

Home Buyer's Plan Repayment not Calculating

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).

Home Buyer's Plan Repayment not Calculating

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

Home Buyer's Plan Repayment not Calculating

Did you also enter your RRSP contribution amount?

Home Buyer's Plan Repayment not Calculating

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.