Jump to content

Accumulated income payments from an RESP


Recommended Posts

Box 40 of T4A report in payment of accumulated income from an RESP is entered as income for me $20,210.  Below that a line "did you contribute it back?"  But only part of that amount - for me $15,000 - is shown as a deduction in the summary leaving taxed income?

Link to comment
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

  • Create New...