Hey,
just a quick question in regards to RRSP 1st time home buyers re-payment plans.
I used my RRSP's to make a downpayment on my home last year, and now i'd like to start repaying them back this year. what do i need to fill out to notify Revenue Canada? forms?
Also, my maximum RRSP contributions this year is approx $12000, can i exceed this amount if im putting some towards my income and some on my repayment plan??....or can i only put $12000 max and put like 50% towards repayment and 50% towards my income or whatever it may be.
sorry if this doesnt make sense!!..haha...thanks