tax return question - transfer of RRSP from the Uk
Mar 8th 2015, 2:42 pm
#1
Happy
Thread Starter
Joined: Feb 2009
Location: Nova Scotia
Posts: 2,942
tax return question - transfer of RRSP from the Uk
Hi
I have a RRSP Contribution receipt for transfer under section 60J for the first 60 days of 2014
Does anyone happen to know how I include this in my tax return (or if should)? I am using turbo tax
Thank you in advance
I have a RRSP Contribution receipt for transfer under section 60J for the first 60 days of 2014
Does anyone happen to know how I include this in my tax return (or if should)? I am using turbo tax
Thank you in advance
Mar 8th 2015, 2:52 pm
#2
Binned by Muderators
Joined: Jul 2007
Location: White Rock BC
Posts: 11,682
Re: tax return question - transfer of RRSP from the Uk
Contributions in the first 60 days of 2014 should have been reported in your 2013 tax return. You will need to file an adjustment request which you send separately from your 2014 return. On the T1adj increase line 130 and 208 by the amount on the receipt. You should also send a copy of schedule 7. Add the amount of the S60(j) receipt on line 3 of schedule 7. Take it out on line 14.
Last edited by JonboyE; Mar 8th 2015 at 2:57 pm.
Mar 8th 2015, 3:02 pm
#3
Happy
Thread Starter
Joined: Feb 2009
Location: Nova Scotia
Posts: 2,942
Re: tax return question - transfer of RRSP from the Uk
Contributions in the first 60 days of 2014 should have been reported in your 2013 tax return. You will need to file an adjustment request which you send separately from your 2014 return. On the T1adj increase line 130 and 208 by the amount on the receipt. You should also send a copy of schedule 7. Add the amount of the S60(j) receipt on line 3 of schedule 7. Take it out on line 14.
