Multiple records
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Multiple records
This situation concerns the number of records submitted for contributions made by a particular contributor to a particular plan. An individual may make several contributions to their RRSP during a contribution year. However, for purposes of the RRSP contribution information return, you are only required to include one record per contributor and per plan. You are only required to send us more than one record for an individual if that individual contributed to more than one RRSP.
Example
An individual made the following RRSP contributions to the same RRSP during the 2016 contribution year (March 1, 2016 to March 1, 2017):
Month | Type | Amount |
---|---|---|
March | Regular | $250 |
April | Regular | $250 |
May | Regular | $250 |
June | Regular | $250 |
July | Regular | $250 |
August | Regular | $250 |
September | Regular | $250 |
October | Regular | $250 |
November | Regular | $250 |
November | Transfer – Retiring allowance | $5,250 |
December | Regular | $250 |
The total contributions made between March 1, 2016 and December 31, 2016 is $7,750.
Month | Type | Amount |
---|---|---|
January | Regular | $250 |
February | Regular | $250 |
March 3 | Other - HBP repayment | $1,333 |
The total contributions made between January 1, 2017 and March 1, 2017 is $1,833
Only one RRSP contribution record is required for this individual for the 2016 contribution year. The record would show the following contribution information:
Amount prior year (contributions made in the last 10 months of 2016) |
Amount current year (contributions made in the first 60 days of 2017) |
|
---|---|---|
$7,750 | $1,833 |
- Date modified:
- 2016-11-09