TurboTax HelpTurboTax HelpIntuit

How do I enter my Home Buyers' Plan repayment information in TurboTax?

SOLVEDby TurboTax29Updated 2 weeks ago

Before beginning, enter your RRSP contributions in TurboTax if you haven’t done so already. Once completed, follow the relevant instructions provided to enter your Home Buyers' Plan repayment information into TurboTax.

  1. Select Find (or the magnifying glass icon) from the menu
  2. Type home buyers in the Find window
  3. Select Home Buyers Plan from the list of results, then select Go. The Home Buyers’ Plan (HBP) Profile step appears
  4. Select Designate an amount as a Home Buyers’ Plan repayment, then select Continue. The Home Buyers’ Plan (HBP) step appears
  5. Follow the on-screen instructions, then select Continue
  6. You’ve successfully entered your Home Buyers’ Plan repayment information. To see a summary, continue until you reach the Here’s your RRSP/PRPP summary step
  1. Select Find (or the magnifying glass icon) from the menu
  2. Type home buyers in the Find window
  3. Select Home Buyers Plan from the list of results, then select Go. The Home Buyers’ Plan (HBP) Profile step appears
  4. Select Designate an amount as a Home Buyers’ Plan repayment, then select Continue. The Home Buyers’ Plan (HBP) step appears
  5. Follow the on-screen instructions, then select Continue. The Details of the Home Buyers’ Plan (HBP) Repayment step appears
  6. Follow the on-screen instructions, then select Continue
  7. You’ve successfully entered your Home Buyers’ Plan repayment information. To see a summary, continue until you reach the Here’s your RRSP/PRPP summary step
TurboTax Desktop BasicTurboTax Desktop BusinessTurboTax Desktop Home and BusinessTurboTax Desktop PremierTurboTax Desktop StandardTurboTax Live BasicTurboTax Live Full Service BasicTurboTax Live Full Service Complex IncomeTurboTax Live Full Service Complex Self-EmployedTurboTax Live Full Service PremierTurboTax Live Full Service Self-employedTurboTax Live Full Service StandardTurboTax Live PremierTurboTax Live Self-employedTurboTax Live StandardTurboTax Mobile Apps FreeTurboTax Mobile Apps Home and BusinessTurboTax Mobile Apps ItsDeductibleTurboTax Mobile Apps PremierTurboTax Mobile Apps Self-employedTurboTax Mobile Apps StandardTurboTax Online FreeTurboTax Online Home and BusinessTurboTax Online PremierTurboTax Online Self-employedTurboTax Online Standard

More like this

Dynamic AdsDynamic Ads