本文发表在 rolia.net 枫下论坛Chart 4 – Do you have to fill out a 2016 T1-OVP return?
If you follow the steps below and arrive at a point where we say, "You do not have to fill out a 2016 T1-OVP," you are not subject to the 1% per-month tax. You do not have to go any further.
If your 2016 RRSP deduction limit includes a net Past Service Pension Adjustment (PSPA) for 2016 or your unused RRSP deduction limit at the end of 2015 was a negative amount, fill out a T1-OVP, 2016 Individual Tax Return for RRSP Excess Contributions, to determine if you are subject to the 1% per-month tax. If you are not subject to this tax for 2016, you may be subject to it for 2017.
Step 1: Does one of these situations apply to you?
You contributed amounts to your RRSP, PRPP or SPP, or your spouse’s or common-law partner’s RRSP or SPP from January 1, 1991 to December 31, 2016, that you did not and will not deduct on line 208 on your 2016 or prior year income tax and benefit return.
A gift was made to your RRSP from January 1, 1991 to December 31, 2016.
If one of these situations applies to you, go to Step 2.
If neither of these situations apply to you, you do not have to fill out a 2016 T1-OVP.更多精彩文章及讨论,请光临枫下论坛 rolia.net
If you follow the steps below and arrive at a point where we say, "You do not have to fill out a 2016 T1-OVP," you are not subject to the 1% per-month tax. You do not have to go any further.
If your 2016 RRSP deduction limit includes a net Past Service Pension Adjustment (PSPA) for 2016 or your unused RRSP deduction limit at the end of 2015 was a negative amount, fill out a T1-OVP, 2016 Individual Tax Return for RRSP Excess Contributions, to determine if you are subject to the 1% per-month tax. If you are not subject to this tax for 2016, you may be subject to it for 2017.
Step 1: Does one of these situations apply to you?
You contributed amounts to your RRSP, PRPP or SPP, or your spouse’s or common-law partner’s RRSP or SPP from January 1, 1991 to December 31, 2016, that you did not and will not deduct on line 208 on your 2016 or prior year income tax and benefit return.
A gift was made to your RRSP from January 1, 1991 to December 31, 2016.
If one of these situations applies to you, go to Step 2.
If neither of these situations apply to you, you do not have to fill out a 2016 T1-OVP.更多精彩文章及讨论,请光临枫下论坛 rolia.net