Rohit Posted April 24 Report Share Posted April 24 Hello, I made RRSP contribution in Feb with the intention to use those funds towards my 2023 return (and hence not claim the deduction on 2022 as my 2021 NOA had the lower limit). I indicated on UFILE that I would like to claim RRSP deduction equal to my limit from 2021 NOA and the remaining portion (Which was contributed during Feb 2023) will be carry forward and I will claim that next year. But I am getting a warning "Your RRSP contribution exceeds your deduction limit by more than $2,000.The government will assess monthly penalties of 1% on your overcontribution.". Is this a bug on Ufile OR I can not use the contribution made during first 60 days of year 2023 on my return next year ? (i.e. for 2023) ? Please clarify Quote Link to comment Share on other sites More sharing options...
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