How to make an HBP withdrawal

2012-9-25 12:57| 发布者: Test| 查看: 260| 评论: 0|来自: Canada Revenue Agency

摘要: To make an eligible withdrawal under HBP follow these steps: Step 1: Make sure you meet all conditions for HBP See Conditions for participating in the HBP to make sure you have all conditions before ...

To make an eligible withdrawal under HBP follow these steps:

Step 1: Make sure you meet all conditions for HBP

See Conditions for participating in the HBP to make sure you have all conditions before applying to withdraw funds under the HBP.

Step 2: Fill out Form T1036

You must complete Area 1 of Form T1036, Home Buyers' Plan (HBP) Request to Withdraw Funds from an RRSP.

Step 3: Give Form T1036 to your issuer

Your RRSP issuer will complete Area 2 of Form T1036.

Step 4: Withdraw funds from your RRSP

Step 5: Issuer sends you T4RSP statement

You will receive a T4RSP, Statement of RRSP Income, showing your withdrawal.

Step 6: File your income tax return

You will have to file an income tax return starting the year you make your first HBP withdrawal and for each following year until you have repaid all HBP withdrawals.