RRSP deduction – Personal income tax
- Line 20800
- Tax year: 2025| Prior tax years: 2024 and earlier
A registered retirement savings plan (RRSP) is a retirement savings plan that you establish, that the CRA registers, and to which you or your spouse or common-law partner contribute.
A pooled registered pension plan (PRPP) is a retirement savings option for individuals, including self-employed individuals who do not have access to a workplace pension plan or where a workplace pension plan does not exist. For more information on PRPPs, refer to Pooled Registered Pension Plan (PRPP) – information for individuals.
Who must report this amount
Read the instructions on Schedule 7 to find out if you have to fill it out.
How to report this amount
Deductible RRSP and PRPP contributions can be used to reduce your income tax. Generally, any income you earn in the RRSP or PRPP is exempt from tax as long as the funds remain in the plan. However, you usually have to pay tax when you receive payments from these plans. For more information, refer to Where can you find your RRSP deduction limit
Important dates
March 2, 2026, is the deadline for contributing to your RRSP for amounts you want to deduct on your 2025 income tax and benefit return.
For more information, refer to Questions and answers about Line 20800 – RRSP deduction.
Completing your tax return
On line 20800, enter your RRSP deduction claim. Attach Schedule 7 if you are required to fill it out.
Fill out your Schedule 7, RRSP, PRPP and SPP Unused Contributions, Transfers, and HBP or LLP Activities
Receipts
Attach receipts for all contributions you made from March 4, 2025, to March 2, 2026, to your paper income tax and benefit return, including those you are not deducting on your income tax and benefit return for 2025 and those you are designating as Home Buyers' Plan or Lifelong Learning Plan repayments.