Where does the tax withheld on my RIF show in tax to be paid calculation?

Forum|Forum|2 years ago
May 1, 2023
1 reply
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I don’t see the $2685.76 tax already paid

Gaurav_G

Hello.

Typically, any income derived from a RRIF account will be filled out on a T4RIF slip, which will list the taxable amounts you will need to enter into your tax return. These amounts will be listed on specific lines, depending on your individual tax situation. For example:

Line 11500 - Lists funds received due to the death of your spouse or If you were 65 years or older on December 31 of the tax year
Line 13000 - If neither of these apply
Line 11600 - Lists an elected split-pension amount by a receiving spouse from a RRIF
Line 21000 - Lists the deduction of the transferring spouse from line 11600
Line 43700 - Lists any tax withheld by the financial institution operating your RRIF account

To enter these amounts into TurboTax, refer to the following instructions:

For TurboTax Online

Select the search option (or magnifying glass icon), from the header menu
Enter T4RIF into the search bar, then select T4RIF from a Registered Retirement Income Fund from the list of populated answers, and select Go
On the T4RIF Summary page, select the button for Enter New T4RIF for [your name]
Enter your amounts in the applicable boxes, then select the button for Done With T4RIF

For TurboTax CD/download

Select the search option (or magnifying glass icon), from the header menu
Enter T4RIF into the search bar, then select T4RIF Income from a RRIF from the list of populated answers, and select Go
On the Entering your federal T-slips page, select the box for T4RIF - Registered Retirement Income Fund, then select Continue
Enter your amounts in the applicable boxes, then select the button for Done With T4RIF