Converted a lira to a rif. reinvested as rsp.where does the rsp deduction go on income tax?

[TonyC11 · Accepted solution]

The LIRA to RIF conversion is not reported as it is from one registered account to another.
The conversion to RSP must be reported as income and you should receive a T4RIF for the amount. The RSP contribution is then reported as a transfer amount to RRSP.