T4RSP - Withdrawal from RRSP
If you withdrew funds from your RRSP during the tax
year, you should have received a T4RSP slip indicating the amount
of the withdrawal.
To enter your RRSP withdrawal, please follow the steps
below:
1- On the "Left side menu on the Interview
tab", select "Interview setup".
2- On the right side of the page, go to the
"Pension" group, check the box for "Pension income, other
income and spit pension (T4A, T4A(OAS), T4A(P), T4A-RCA, T4RSP,
T4RIF, T1032)" and click on "Next" at the bottom of
page.
3- Return to the "Left side menu on the Interview
tab" and select "T4A and pension income".
4- On the screen to your right, choose the option
"T4RSP - Income from Registered Retirement Savings Plan
(RL-2)".
5- Enter the information regarding your T4RSP slip,
either on line "Annuity payment from RRSP (RL-2 box B) and
on the field to the right in Box 16 enter the amount
withdrawn.
The program will carry the amount over to line
12900 of the federal return and, for Quebec residents, to line
122 of the Quebec return.
For more information on the premature withdrawal of
RRSP, please consult the following CRA link:
https://www.canada.ca/en/revenue-agency/services/tax/individuals/topics/rrsps-related-plans/making-withdrawals.html
ID: 20200130105049DEX.xml
Webpage: KPA385-20200130105049DE.htm
