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Schedule 7 Calculator

RRSP and PRPP Unused Contributions, Transfers, and HBP or LLP Activities

PRPP = Pooled Registered Pension Plan

A PRPP is an accessible retirement savings option for individuals (including self-employed)

(Do not include contributions made against this by your employer in Part A calculation below)

The PRPP "employer contribution amount" from your PRPP receipt must be reported on line 205 of your return and line 11 in Part C

RRSP = Registered Retirement Ravings Plan

HBP = Home Buyers' Plan

LLP = Lifelong Learning Plan

T1-2024 Donations and Gifts
Part A - Contributions
DescriptionRef=Amountch=AmountNo.
Unused RRSP/PRPP contributions: amount (B) of "Your 2024 RRSP/PRPP Deduction Limit Statement" shown on your latest notice of assessment, notice of reassessment, or T1028, Your RRSP/PRPP Information for 20241
Contributions* made to your or your spouse's or common-law partner's RRSP and your PRPP
Enter the RRSP and your PRPP contributions made from March 3, 2024, to December 31, 2024 (attach all your receipts).2
Enter the RRSP and your PRPP contributions made from January 1, 2016,to February 29, 2016 (attach all your receipts).+3
Add Lines 2 and 3245=+4
Add Lines 1 and 4Total RRSP/PRPP contributions=5
* Include your transfers and contributions that you are designating as a repayment under the HBP or the LLP. See line 208 in the guide for the list of contributions to exclude.
Part B - Repayments under the HBP and the LLP
Specify the contributions made from January 1, 2024, to February 29, 2016, that you are designating as your repayments under the HBP and the LLP for 2024.
Do not include:
any amount you deducted or designated as a repayment on your 2023 return or that was refunded to you; or
any contributions or transfers that you will be including on line 13 or line 14 in Part C on the next page.
Repayment under the HBP2466
Repayment under the LLP262+7
Add Lines 6 and 7-8
Part C - RRSP/PRPP deduction
Line 5 minus Line 8RRSP/PRPP contributions available to deduct9
RRSP/PRPP deduction limit for 2024: amount (A) of "Your 2024 RRSP/PRPP Deduction Limit Statement" on your latest notice of assessment, notice of reassessment, or T1028, Your RRSP/PRPP Information for 202410
Enter your 2024 employer PRPP contributions (amount from line 205 of your return).-11
Line 10 minus Line 11=12
RRSP/PRPP contributions you are deducting for 2024 (this amount cannot exceed the amount on line 9, excluding transfers, or the amount on line 12, whichever is less)13
Transfers (see "Line 14 - Transfers" at line 208 in the guide)240+14
Add Lines 13 and 14=15
Enter the amount from line 9 or line 15, whichever is less. Also enter this amount on line 208 of your return.RRSP/PRPP deduction208-16
Part D - RRSP/PRPP unused contributions available to carry forward
Line 9 minus Line 16Your unused RRSP/PRPP contributions available to carry forward to a future year=17
We will show the amount on line 17 as amount (B) of "Your 2016 RRSP/PRPP Deduction Limit Statement" on your 2024 notice of assessment.