How do I enter an RDSP?
Where to find it: ACCOUNTS and INVESTMENTS
Identify the beneficiary’s Disability Tax Credit eligibility in PROFILE or the dependent’s information first. Then add an RDSP in ACCOUNTS and INVESTMENTS. Select the holder and beneficiary carefully: the person managing the account is not necessarily the person with the disability.
Enter the DTC eligibility date, opening date, age to start lifetime payments and whether other disability assistance payments are allowed. Continue to the income and contribution-history screen and complete each requested year. For the income column, use the family income from the reference year specified on that screen, not automatically the same year as the contribution.
If current-year grants or bonds are already in the real account balance, select the corresponding box so they are not added again. Enter current holdings on the investment screen.
Review the account yearly and after contributions, grants or withdrawals. Its projected grants, bonds and payments depend on this history, not solely on its balance. Planned contributions can be entered in AUTOMATIC SAVINGS and WITHDRAWALS or deposit PRIORITIES.