Line 20700 - Registered pension plan (RPP) deduction
Generally, you can deduct the total of all amounts from box 20 of your T4 slips, 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:
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You contributed more than $3,500 to an RPP and your information slips show a past-service amount for service before 1990
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You contributed an amount to an RPP in a previous year for a period before 1990 and you have not fully deducted that amount
Note You may be able to deduct the contributions you made to a pension plan in a foreign country. To find out how much you can deduct, see line 20600 above. |
See the Taxnet Pro™ T1 Line-by-Line Guide (subscription required): Line 20700 - Registered pension plan (RPP) deduction |