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| RRSP, PRPP and SPP Deduction (Schedule 7 Part C) |
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RRSP deduction limit:
Enter your RRSP deduction limit for 2023 as shown on your latest notice of assessment or reassessment, or your T1028 statement for 2023. |
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| Pension Adjustment Reversal (PAR) (from T10) |
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| Enter your 2023 employer PRPP contributions (amount from line 20810 of your return). |
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| Total |
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1 |
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Unused RRSP contributions:
Enter your unused RRSP contributions previously reported and available to deduct for 2023 as shown on your latest notice of assessment or reassessment, or on your T1028 statement for 2023 (unused RRSP contributions also includes your unused PRPP and SPP contributions.) |
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| Total 2023 contributions from your RRSP, PRPP and SPP receipts |
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| Subtotal |
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| Designated transfer (see line 24640/20800 in the guide) |
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| Maximum contributions available to designate as repayment for HBP and LLP |
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2 |
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RRSP contributions you are deducting for 2023
(The maximum you can deduct is the lesser of line 1 and line 2, minus any repayment for HBP (line 6 ) and LLP (line 11). However, you can override and choose to deduct an amount that is less than the maximum.)
Enter this amount on line 20800 of Schedule 7 |
20800 |
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| Total eligible PRPP contributions from tax-exempt income |
58820 |
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3 |
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Home Buyer's Plan (HBP) repayment (for withdrawal prior to 2022)
- If you are not a participant in the HBP, you must leave all fields below blank.
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Entering amounts below confirms that you are a participant in the HBP.
Enter the following amounts from your Home Buyers' Plan Statement of Account found on your 2022 notice of assessment or reassessment. (If the withdrawal was made after 2021, a repayment is not required for 2023.)
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Total balance to be repaid |
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4 |
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Minimum repayment required for 2023 |
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5 |
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Designated repayment under the HBP from line 2 |
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6 |
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Designated repayment under the HBP from line 3 |
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7 |
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Amount to be included in income for 2023 (line 5 minus line 6 minus line 7) |
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8 |
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Lifelong Learning Plan (LLP) repayment
- If you are not a participant in the LLP, you must leave all fields below blank.
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Entering amounts below confirms that you are a participant in the LLP.
If you participated in the LLP, you will receive an LLP Statement of Account each year on your notice of assessment or reassessment,. This statement will tell you when your first repayment will be required. (If you made a LLP withdrawal in 2021, you may have to make a repayment for 2023.)
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Total balance to be repaid |
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9 |
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Minimum repayment required for 2023 |
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10 |
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Designated repayment under the LLP from line 2 |
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11 |
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Designated repayment under the LLP from line 3 |
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12 |
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Amount to be included in income for 2023 (line 10 minus line 11 minus line 12) |
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13 |
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Total amount to be included in income for 2023: line 8 plus line 13
(enter the amount on line 12900) |
12900 |
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14 |