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T1
432 RRPP, RRSP, RRIF, HBP, LLP
  Qualifying withdrawal from FHSA in 2024 (T4FHSA box 20) |
| Program(s) affected: |
T1 |
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Document created: |
04 10, 2025 |
| Tax year(s): |
2024 |
Document last modified: |
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| Version(s): |
28.01, 28.05, 28.10, 28.12, 28.13, 28.20 |
Problem status: |
Fixed in v28.21 |
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Why is Schedule 15, FHSA Contributions, Transfers and Activities, not being generated with an FHSA qualifying withdrawal in 2024 (box 20 of T4FHSA only)?
There is an issue when entering only a qualifying withdrawal in box 20 of the T4FHSA slip for a taxpayer who contributed to an FHSA in 2023 and is making a qualifying withdrawal in 2024. In this case, Schedule 15, FHSA Contributions, Transfers and Activities, is not being generated by DT Max.
As a workaround:
– Enter the qualifying withdrawal amount in box 20 of the T4FHSA slip as required;
– Enter 0.01 in box 18 of the T4FHSA slip; and
– Enter 0 under the keyword FHSA-To-Deduct .
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