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First, you will complete parts one and two of the form with information about your unused contributions and the amount you request to be refunded. Next, send the form to the Canada Revenue Agency (CRA). The CRA will fill out part three with approvals and return three copies of the form to you.
Filling out a T4RSP slip Box 12 ? Social insurance number. This is the recipient's social insurance number (SIN). ... Box 14 ? Contract number. RRSP contract number. Recipient's name and address. ... Year. ... Box 61 ? Account number. ... Box 16 ? Annuity payments. ... Box 18 ? Refund of premiums. ... Box 20 ? Refund of unused contributions.
You can make a withdrawal from your RRSP any time1 as long as your funds are not in a locked-in plan. The withdrawal, however, is subject to withholding tax and the amount also needs to be included as income when filing your taxes.
You can hold various investments within an FHSA ? including mutual funds and segregated funds. And, any investment growth and withdrawals from an FHSA will be tax-free.
A T4RSP indicates how much money you withdrew from or received out of your RRSPs and how much tax was deducted. A T4RSP also shows money withdrawn from an RRSP under the Home Buyers' Plan and amounts transferred from an RRSP to a spouse or partner under a court judgment or written agreement.