How do I apply unused RRSP contribution from a last year, toward this years HBP repayment? It's not showing in "RRSP contributions for 2014 eligible for repayment"

I contributed $1000 to my RRSP in February 2014. Because it was in the first 60 days of 2014, I identified it on my 2013 income tax, but I chose not to put it as a deduction (so it is carried over/unused).

How do I use this amount toward my HBP repayment for 2015? This amount is not showing in "RRSP contributions for 2014 eligible for repayment" and I don't know where to find forms to change it.


1 person found this helpful

This answer is wrong. You certainly can apply previous unused amounts to the current year's HBP repayment just apparently not using this program...

Was this answer helpful? Yes No
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