Tax-Exempt Earned Income and Contributions for a Pooled Registered Pension Plan RC383

Complete this form if you are registered or entitled to be registered under the Indian Act and have earned income that is tax exempt or have made non-deductible pooled registered pension plan (PRPP) contributions using non-deductible PRPP room from a previous year.

This will let the Canada Revenue Agency calculate and track how much room you have to make non-deductible PRPP contributions on your tax-exempt earned income for the 2024 tax year.

For a complete description of the guidelines and examples where income is tax-exempt and where it is taxable, go to canada.ca/section87-tax-exemption.

Note: Gross tax-exempt employment earnings are reported in box 71 of the T4 slip and gross tax-exempt self-employment earnings are reported in box 88 of the T4 slip. You may have other tax-exempt earned income that is not included on an information slip.

For more information about PRPPs, go to canada.ca/prpp-information-individuals.

For more information about earned income, see Guide T4040, RRSPs and Other Registered Plans for Retirement.

Attach a copy of this form to your paper return.


 Taxpayer information 
 
Last name First name Social insurance number
 
 Tax-exempt earned income 
Enter your total amount of tax-exempt employment earnings. 58750  1 
Enter your total amount of tax-exempt self-employment earnings and other tax-exempt earned income. 58810 +  2 
Line 1 plus line 2 Total tax-exempt earned income =  3 
                               

 Eligible PRPP contributions from tax-exempt income 
Eligible PRPP contributions include contributions made by an employee and a self-employed individual.
 
Enter the contributions made from March 2, 2023, to December 31, 2023 (attach all receipts).  4 
Enter the contributions made from January 1, 2024 to February 29, 2024 (attach all receipts). +  5 
Add lines 4 and 5 Total eligible PRPP contributions from tax-exempt income 58820 =  6 
                               

Contributions to a PRPP from tax-exempt earned income are not deductible on your income tax return, but you can use them as a repayment under the Home Buyers' Plan (HBP) and the Lifelong Learning Plan (LLP).

 Repayment under the HBP and LLP made from PRPP contributions from tax-exempt income 
Specify the contributions from line 58820 that you are designating as your repayments under the HBP and the LLP for 2023.
 
Contribution designated as a repayment under the HBP 58830  7 
Contribution designated as a repayment under the LLP 58970 +  8 
Line 7 plus line 8 Total repayment under the HBP and LLP from
PRPP contributions from tax-exempt income		 =  9