Hello Everyone,
I just started working in Canada mid last year (2012). Lets say last year (2012 income) I accumulated RRSP contribution room of 6K and by 31st December 2013 I will have contributed exactly 6K into my RRSP. In January and February 2013 I will be contributing 3K (monthly 1.5K PPP). Can I deduct the 3K from my 2013 RRSP room (in 2013 I worked full year hence I will have 12K RRSP room)?
Disclaimer: the numbers used here are hypothetical
Cheers everyone, and Happy Holidays!
I just started working in Canada mid last year (2012). Lets say last year (2012 income) I accumulated RRSP contribution room of 6K and by 31st December 2013 I will have contributed exactly 6K into my RRSP. In January and February 2013 I will be contributing 3K (monthly 1.5K PPP). Can I deduct the 3K from my 2013 RRSP room (in 2013 I worked full year hence I will have 12K RRSP room)?
Disclaimer: the numbers used here are hypothetical
Cheers everyone, and Happy Holidays!