Client retired in 2023. Paper T4RIF slip displays box 16 only. AFR displays as withdrawal.
RRSP contribution slip was issued for smaller amount transferred to RRSP, shortly after in 2023, and I manually filled it in “
Amount transferred to RRSP” on T4RIF slip.
RRSP Contribution sheet populated with latter amount in “RRSP contributions available for designation as a transfer”
and amount reported on line 20800.
Any other steps required?
I believe box 24 withdrawal should no be equal to amount in box 16.
It should be the difference between box 16 and box 24 transferred to RRSP
That is to say that the total of all box 24 options would be added together to equal box 16
Actually, in the Amount column, you can leave box 24 Withdrawal empty. Input the RRSP contribution amount in “Amounts transferred to RRSP” and "Income tax deducted. in box 28.
TaxCycle calculates correctly.
