If an RRSP withdrawal is made before Feb 28 2017, does it count on the 2016 taxes just like a contribution in that timeframe would?
If an RRSP withdrawal is made before Feb 28 2017, does it count on the 2016 taxes just like a contribution in that timeframe would?
Withdraw is for calendar year.
Withdraw from Jan 1, 2017 to Feb 28, 2017 is considered income for 2017.
Your institution will give you a T4RSP for tax purpose.
Thanks. I know I could have googled, but I'm in the mood to just ask beyond every question that pops in my head. Watch for my "whats for dinner?" thread soon.
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