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RC268 Form cross bo...
 
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RC268 Form cross border commuter

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Posts: 0
(@Anonymous)
Joined: 1 second ago
[#547]

hello,
how is the page 2 of RC268 filled out? Is 401k a money purchase plan? Is the employer contribution to 401k required to be filled on line 2 on page 2 of RC268? Is the expectation to only enter 401k match or do other employer contributions to non-401k accounts also need to be filled? If zero acceptable value for line 51230 on page 2 of RC268


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Posts: 663
(@dexter)
Joined: 3 months ago

Hi Doug,

Enter the amount of the employer contributions to the 401-K money purchase plan. This amount will flow to line number 7 on Page 2 of form RC268 and to line 206 of your T1 General Return. The CRA uses his amount to calculate the Pension Adjustment. The Pension Adjustment reduces your RRSP room.


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