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Can I report RRSP contribution from first 60 days of 2021 into my 2021 tax return?


PWONG

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Hi,

I forgot to report (the slip came after I filed my return) my RRSP contribution made first 60 days of 2021, what can I do? Can I report the amount in my 2021 return or do I have to file an adjustment?

Thanks in advance for any suggestions

Perry 

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20 minutes ago, Curmudgeon said:

The first 60 days of 2021 is part of the 2020 RRSP season. You could have claimed it last year. You can file an adjustment or claim it next year. Contributions don't have to be claimed in the year they are made.

Thanks Curmudgeon, so can I just report this as my 2021 contribution or do I have to file an adjustment to my 2020 return? Thanks again

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43 minutes ago, Curmudgeon said:

It's your choice. Easiest to report it in the current (2021) return assuming you have RRSP limit room available.

Thanks again Curmudgeon, I have enough room so I will just report it for 2021 then. Much appreciated.

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