T4RSP - Withdrawal from RRSPIf you withdrew funds from your RRSP during the tax year, you should have received a T4RSP slip indicating the amount of the withdrawal.
To enter your RRSP withdrawal, please follow the steps below:
1- On the "Left side menu on the Interview tab", select "Interview setup".
2- On the right side of the page, go to the "Pension" group, check the box for "Pension income, other income and spit pension (T4A, T4A(OAS), T4A(P), T4A-RCA, T4RSP, T4RIF, T1032)" and click on "Next" at the bottom of page.
3- Return to the "Left side menu on the Interview tab" and select "T4A and pension income".
4- On the screen to your right, choose the option "T4RSP - Income from Registered Retirement Savings Plan (RL-2)".
5- Enter the information regarding your T4RSP slip, either on line "Annuity payment from RRSP (RL-2 box B) and on the field to the right in Box 16 enter the amount withdrawn.
The program will carry the amount over to line 12900 of the federal return and, for Quebec residents, to line 122 of the Quebec return.
For more information on the premature withdrawal of RRSP, please consult the following CRA link:
https://www.canada.ca/en/revenue-agency/services/tax/individuals/topics/rrsps-related-plans/making-withdrawals.html
ID: 20200130105049DEX.xml
Webpage: KPA385-20200130105049DE.htm