Carryforward of RRSP amounts

How does DT Max carry forward the amounts pertaining to RRSP's from year to year?

All carryforward amounts are grouped, and so are the contributions to both the taxpayer's and spouse's plans.

The first group must be used to enter the year's contributions. To open it, place your cursor on that keyword and press [F6].

If you are entering RRSP data for a new client, this is how you should proceed:

• enter the keyword RRSP and choose the option that is relevant to current year contributions and undeducted premiums;

• enter the keyword RRSP again and select the option Room & limit to enter the maximum deduction to which the client is entitled. Note that this is the amount showing on the client's contribution notice.

Example:

	+*RRSP		Own plan
	+*RRSP-Contrib		1 000,00 Mar - Dec (current year)
	+*RRSP		Room & limit
	+*Elig-Room		13 500,00 RRSP - Eligible amount