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T2205 - Amounts from Spousal RRSP's or RRIF's

It seems to me that TaxCycle does not automatically complete line 5 in Part 1 (spousal RRSP contributions made in the 2 preceding years that have been included as income of the contributor) while trying to determine how much of a current year spousal RRSP or RRIF withdrawal to include on the contributing spouse’s return.

I suppose TaxCycle not calculating the amount on line 5 may not be considered a bug in itself, however, the fact that there is no diagnostic message for the preparer to check whether the contributing spouse has already reported the amounts might be seen as a bug.

Case in point;

I had a spouse who withdrew $4,000 excess from a spousal RIF in 2017.
She had also withdrawn $4,000 excess from a spousal RIF in 2016.
The contributor’s spousal RRSP contributions were
1,200 in 2014
1,200 in 2015
600 in 2016

In 2016, TaxCycle allocated $3,000 in RIF withdrawals back to the contributing spouse’s T1 return, with the remaining $1,000 being reported on the annuitant’s T1.

In 2017, TaxCycle wanted to allocate $1,800 in RIF withdrawals back to the contributing spouse’s T1 return, and $2,200 on the annuitant’s T1 because no amount had been entered on line 5 of Part 1 of the T2205.

Thanks for bringing this to our attention, we will add in some suggestion notices when applicable to the T2205

~ Rob