| T1-2020 | Schedule 7 | |||||||||||||
| RRSP, PRPP, and SPP Unused Contributions, Transfers, and HBP or LLP Activities |
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| For more information, see Guide T4040, RRSPs and Other Registered Plans for Retirement. | ||||||||||||||
| Complete this schedule and attach it to your return when one or more of the following situations apply: | ||||||||||||||
| Complete Parts A, B, C, and D if any of the following apply: | ||||||||||||||
| • | you will not be deducting on your 2020 return all of the unused registered retirement savings plan (RRSP), Pooled Registered Pension Plan (PRPP), or Specified Pension Plan (SPP) contributions you previously reported and that are available to deduct for 2020, as shown on your latest notice of assessment or reassessment, or T1028, Your RRSP Information for 2020 |
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| • | you will not be deducting on your 2020 return all of the RRSP, PRPP, and SPP contributions you made from March 3, 2020, to March 1, 2021 |
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| • | you have transferred to your RRSP, PRPP, or SPP certain amounts you included in your income for 2020 | |||||||||||||
| • | you are designating contributions made to your RRSP, PRPP, or SPP as a 2020 repayment under the Home Buyers' Plan (HBP) or the Lifelong Learning Plan (LLP) |
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| • | you intend to claim on line 20800 of your return the full amount of RRSP, PRPP, and SPP contributions you made, including any unused RRSP, PRPP, or SPP contributions, and you reported employer PRPP contributions on line 20810 of your return |
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| Complete Part E if : | ||||||||||||||
| • | you withdrew funds from your RRSP in 2020 under the HBP or the LLP | |||||||||||||
| Complete Part F if : | ||||||||||||||
| • | you will be the beneficiary of income that was contributed to an amateur athlete trust in 2020 and you want that income to be used in calculating your RRSP deduction limit |
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| If none of the above situations apply to you, do not complete this schedule. On line 20800 of your return, enter your total contributions for the year made to your RRSP, PRPP, or SPP, or your spouse's or common-law partner's RRSP or SPP. |
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| Generally, your SPP and PRPP contributions are subject to the same rules as RRSP contributions and should be included on this schedule. Presently, the only SPP is the Saskatchewan Pension Plan. |
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| 5000-S7 E (20) | (Ce formulaire est disponible en français.) | Page 1 of 4 | ||||||||||||