Section 204.1

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...

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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Where an amount withdrawn from an RRSP when there is a cumulative excess amount in respect of RRSPs, when does the Part X.1 tax cease?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...

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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...

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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)...

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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...

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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,...

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Words and Phrases
reasonable

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...

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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...

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Words and Phrases
reasonable error
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