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Showing results for tags 'RRSP deduction limit'.
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So I finished filing for 2021, and it updated my Max. Deduction Limit for 2022 to $19,925, and I contributed $1000 in 2022. Would I then use $19,925 - $1000 - $18,925 as my Unused Contributions for 2022? Or would I still put the full amount listed on my 2021 Assessment ($19,925)? -
How does the Pension Adjustment (line206) amount factor into my RRSP contribution limit? Does it reduce my contribution room? Say if I have 15000.00 rrsp deduction limit, and my pension adjustment ( line206) amount is 10000.00, does this mean I can only contribute 5000.00 more towards my RRSP ?
