Subsection 204.1(1.2)
Variable I
Administrative Policy
3 June 1991 Internal T.I. 9112997 F - Mortgages Held as Property of RRSPs
The annuitant’s transfer of property to a registered charity that had the effect of increasing the value of the annuitant’s RRSP gave rise to...
Subsection 204.1(2.1) - Tax payable by individuals -- contributions after 1990
Administrative Policy
18 November 2014 External T.I. 2012-0457981E5 - Restorative payment to registered plan
Employer accidentally missed contributing, to a group RRSP or defined contribution pension plan, the Employer's portion on behalf of an employee...
| Locations of other summaries | Wordcount | |
|---|---|---|
| Tax Topics - Income Tax Act - Section 20 - Subsection 20(1) - Paragraph 20(1)(q) | employer restorative payment to RRSP or RPP to compensate for tort | 159 |
| Tax Topics - Income Tax Act - Section 6 - Subsection 6(1) - Paragraph 6(1)(a) | employer restorative payment to RRSP or RPP to compensate for tort | 115 |
| Tax Topics - Income Tax Act - Section 60 - Paragraph 60(i) | employer restorative payment to RRSP or RPP to compensate for tort | 159 |
11 July 2011 External T.I. 2010-0367021E5 F - Cotisations excédentaires au REER
Where an amount withdrawn from an RRSP when there is a cumulative excess amount in respect of RRSPs, when does the Part X.1 tax cease? CRA...
| Locations of other summaries | Wordcount | |
|---|---|---|
| Tax Topics - Income Tax Act - Section 204.2 - Subsection 204.2(1.2) | a taxable RRSP withdrawal reduces undeducted RRSP premiums and, as a result, the cumulative excess amount in respect of RRSPs | 323 |
Forms
T1-OVP 2020 Individual Tax Return for RRSP, PRPP and SPP Excess Contributions
Meaning of "RRSP excess contributions"
References to "RRSP excess contributions" on this return mean your RRSP contributions, your unused RRSP...
Subsection 204.1(4)
Cases
Zhang v. Canada (Attorney General), 2023 FC 356
In 2013, the taxpayer’s spouse made a $13,142 contribution that was (the taxpayer claimed) intended to pay off her home buyers’ plan (HBP)...
| Locations of other summaries | Wordcount | |
|---|---|---|
| Tax Topics - Other Legislation/Constitution - Federal - Federal Courts Rules - Rule 303 | respondent changed from CRA to AGC | 115 |
Froehling v. Canada (Attorney General), 2021 FC 1439
The taxpayer over-contributed to his RRSPs for the 2018 taxation year in December 2018, realized his error in March of 2019 and promptly filed a...
Connolly v. Canada (National Revenue), 2019 FCA 161
The taxpayer did not file income tax returns for the 1988 to 2003 taxation years on the basis that as he owed no tax, this was unnecessary. Thus,...
See Also
Hall v. The Queen, 2016 TCC 221 (Informal Procedure)
The taxpayer had $12,029 of excess contributions in his RRSP since the end of 2008. He failed to file a Return for RRSP Excess Contributions...
| Locations of other summaries | Wordcount | |
|---|---|---|
| Tax Topics - Income Tax Act - Section 152 - Subsection 152(4) | assessment of Part I tax returns does not engage the running of statute-barring for taxes under other Parts | 145 |
| Tax Topics - Income Tax Act - Section 204.3 - Subsection 204.3(2) | assessment of Pt I returns did not start Pt X.1 statute-barring period running | 71 |
Administrative Policy
7 October 2020 APFF Roundtable Q. 1, 2020-0852131C6 F - Meaning of reasonable error
What is meant by reasonable error in s. 204.1(4) and s. 207.06(1), and when will CRA exercise its discretion thereunder? CRA...
| Locations of other summaries | Wordcount | |
|---|---|---|
| Tax Topics - Income Tax Act - Section 207.06 - Subsection 207.06(1) | examples of what CRA has accepted as a “reasonable error” in making an RRSP or TFSA over-contribution | 303 |