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D
ddfisher0228
October 31, 2019
Question

How do I report box 24 Excess amount from T4RIF?

  • October 31, 2019
  • 1 reply
  • 0 views

How do I report box 24 Excess amount from T4RIF?

1 reply

T
TurboTaxHarp
October 31, 2019

This is the taxable part of amounts received in the year that is more than the minimum amount. This amount is already included in Box 16. If the amount received relates to RRSP contributions you could not deduct from income, you may be able to claim an offsetting deduction on Line 232. 

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