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New Member
posted Feb 18, 2023 1:35:56 PM

Refile 2020 return: Unused RRSP Contribution from prior years is not being applied to RRSP deduction

Hi,

 

Refiling 2020 return as I made error in RRSP contribution.

 

I entered an Unused RRSP Contribution from prior year which I want to be applied as 2020 deduction. t -

 

No contribution was made March 1st 2020 to  28th 2021. 

 

Deduction shows as $0.   Appears to not count the prior years contribution as a deduction.

 

 

0 1 170
1 Replies
Intuit Alumni
Feb 21, 2023 8:49:07 AM

If you have made contributions in the beginning of 2020 and before March 1st, 2020 those contributions need to be added in your 2019 return to be able to deduct them in the future when needed. Please see our TurboTax article for guidance.

RRSPs and Your Tax Return.

Please see this link from the Canada Revenue Agency for help: How to change a return?

 

Thank you for choosing TurboTax.