Line 207 - Registered pension plan (RPP) deduction

Line 207 - Registered pension plan (RPP) deduction

Generally, you can deduct the total of all amounts shown in box 20 of your T4 slips, in box 032 of your T4A slips, and on your union or RPP receipts. See Guide T4040, RRSPs and Other Registered Plans for Retirement, to find out how much you can deduct if any of the following apply:

• You contributed more than $3,500 to an RPP and your information slips show a past-service amount for service before 1990

• You contributed an amount to an RPP in an earlier year, for a period before 1990, and you have not fully deducted that amount

Note
If you made contributions to a pension plan in a foreign country, you may be able to deduct the contributions. To find out how much you can deduct, complete the applicable form referred to in line 206.