To enter your eligible retiring allowance transferred to an RRSP, you'll need to enter your T4 slip then enter the transfer to your RRSP.
1. Enter your T4 slip
- Select Find from the TurboTax menu.
- Enter T4 Employment Income, select it from the list, then select Go.
- Enter the information exactly as it appears on your T-slip. Your eligible retiring allowance is shown in box 66.
2. Enter your RRSP info
- For TurboTax Online:
- Select Find from the TurboTax menu.
- Enter RRSP Profile, select it from the list, then select Go.
- For TurboTax Download:
- From the menu, select Registered Savings Plans > Registered Savings Plans Profile.
- At Your RRSP Profile, check the box for Made RRSP contributions during 202X or the first 60 days of 202Y, then select Continue.
- At What's your RRSP/PRPP deduction limit?, enter your deduction limit, then select Continue.
- At RRSP Contribution, enter the contribution amount from your eligible retirement allowance that you transferred to your RRSP, as shown on the receipt from your financial institution.
- If using TurboTax Download, enter the amount of the designated transfer at Is this RRSP contribution a designated transfer of eligible income amount?
- Select Done With RRSPs.