How to enter RRSP Contributions from January to February 2014

I am trying to fill out my 2014 Taxes and got to my RRSP contributions.  I can't seem to see how to enter RRSP contributions from January to February 2014.  I did not claim these contributions on my 2013 return because I thought I'd be able to claim them on 2014.  Do I need to send and amendment to CRA for my 2013 taxes to take advantage of the savings or can I actually claim these contributions for 2014 as I had planned?

Answer

3 people found this helpful

Yes you should request an adjustment to your 2013 return as this contribution should have been noted on that year's return.  You will have the option of claiming the deduction for 2013 (assuming you have the RRSP contribution room) or carrying the deduction forward to your 2014 return, again assuming it is within your deductible contribution limit.  In any case your 2013 return must be amended..  For info on how to proceed in this regard, please see http://www.cra-arc.gc.ca/tx/ndvdls/tpcs/ncm-tx/chngrtrn-eng.html  

Was this answer helpful? Yes No
Default user avatars original
SuperUser
1 additional answer

No answers have been posted

More Actions

People come to TurboTax AnswerXchange for help and answers—we want to let them know that we're here to listen and share our knowledge. We do that with the style and format of our responses. Here are five guidelines:

  1. Keep it conversational. When answering questions, write like you speak. Imagine you're explaining something to a trusted friend, using simple, everyday language. Avoid jargon and technical terms when possible. When no other word will do, explain technical terms in plain English.
  2. Be clear and state the answer right up front. Ask yourself what specific information the person really needs and then provide it. Stick to the topic and avoid unnecessary details. Break information down into a numbered or bulleted list and highlight the most important details in bold.
  3. Be concise. Aim for no more than two short sentences in a paragraph, and try to keep paragraphs to two lines. A wall of text can look intimidating and many won't read it, so break it up. It's okay to link to other resources for more details, but avoid giving answers that contain little more than a link.
  4. Be a good listener. When people post very general questions, take a second to try to understand what they're really looking for. Then, provide a response that guides them to the best possible outcome.
  5. Be encouraging and positive. Look for ways to eliminate uncertainty by anticipating people's concerns. Make it apparent that we really like helping them achieve positive outcomes.

Select a file to attach:

Do you still have a question?

Ask your question to the community. Most questions get a response in about a day.

Post your question to the community