T4RSP - Any way to save taxes? Read Description Please

This post has been de-listed

It is no longer included in search results and normal feeds (front page, hot posts, subreddit posts, etc). It remains visible only via the author's post history.

Post Flair (click to view more posts with a particular flair)

Taxes

Author Summary

RudeFaithlessness353 is a trans person

Post Body

I went to H&R Block in 2022 to file taxes and they gave me the wrong advice to withdraw my RRSP(in Feb 2023) which I overcontributed instead of asking me to use the overcontribution in the 2023 year.

Here is the breakdown
2022
RRSP Limit = 10463
March - Dec (2022) = 10000
Jan - Feb (2023) = 4386.44
Total = 14386.44
Withdraw = 3983.50
2023
RRSP Limit = 13935
March - Dec (2023) = 8124.88
Jan - Feb (2024) = 1653.34
Total = 9778.22

T4RSP = 3883.50

Can I avoid taxes on 3883.50 in my 2023 file?
I have booked a session with a tax clinic (Not H&R :)), but want to know details if possible before going.

Author

Account Strength

50%

Account Age

2 years

Verified Email

Yes

Verified Flair

Total Karma

106

Link Karma

Comment Karma

Profile updated: 1 day ago

Posts updated: 4 months ago

RudeFaithlessness353

Subreddit

r/PersonalFinanceCanada

Post Details

They Are

a trans person

We try to extract some basic information from the post title. This is not always successful or accurate, please use your best judgement and compare these values to the post title and body for confirmation.

Posted: 5 months ago
Reddit URL: View post on reddit.com
External URL: reddit.com/r/PersonalFin...