turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

Withholding Tax on RRSP Contribution Room Withdrawal

Hi,

 

I am considering topping up my RRSP this year to my Contribution Room limit. However, it is likely that I will leave Canada in the next year or two and want to withdraw my RRSP if I do. If I contribute $20k now for 2020, will that be subject to withholding tax if/when I withdraw the RRSP, or will that be tracked separately since those are not tax deferred funds I am putting in? Thanks!

Connect with an expert
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Reply

Withholding Tax on RRSP Contribution Room Withdrawal

I'm thinking you are referring to Canadian RRSP's. But this forum site seems to be US-centric, so few people may be able to offer guidance on the RRSP's. There is a similar forum site for Canada,  https://turbotax.community.intuit.ca/community/turbotax-support/help/03/en-ca

 

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
Manage cookies