Where enter the minimum withdrawal from a RRIF income - T4RIFYou want to know where to enter the minimum payment amount for a RRIF in the software.
You must have received a T4RIF slip from your financial institution and a Quebec RL-2 slip for Quebec residents.
This amount must be entered the program as follows:
1. On the "Left-side menu on the Interview tab", select the "Interview Setup" topic.
2. On the screen to your right, go to the "Pension" group, check the box "Pension income, other income and split pension income (T4A, T4A(OAS), T4A(P), T4A-RCA, T4RSP, T4RIF, T1032)" and click" Next" at the bottom of the page.
3. Return to the "Left-side menu on the Interview tab" and select "Pension income, T4A".
4. On the right-hand page, click on the plus sign "+" icon to the right of the line "T4RIF - Income from Registered Retirement Income Fund (RL-2)".
5. Enter the amount in Box 16.
6. If some tax has been deducted by the payer, the amounts will be entered in Box 28 for the federal and, for Quebec residents, in Box J of the RL-2. Enter amounts in the appropriate boxes on the page.
This amount will be carried over to line 13000 of the federal return and, for Quebec residents, on line 122 of the Quebec return.
ID: 20191127130414DE.xml
Webpage: KPA390-20191127130414DE.htm