Where do I enter RRSP withdrawals already taken this year?

For an ordinary TIME MACHINE run, use Net RRSP contributions on the additional-information screen before the run. This is a person-level total across RRSP accounts, not a withdrawal field on each RRSP’s account properties.

Enter RRSP contributions not yet claimed minus gross taxable RRSP withdrawals already taken this year. For example, with no contributions and $10,000 already withdrawn, enter -10000. With $3,000 of contributions and $10,000 withdrawn, the net is -7000. Enter the gross withdrawal before withholding tax. Include the tax withheld under Taxes and deductions paid year-to-date.

Also update the investments to their actual current values. The net RRSP entry supplies tax information; it does not reduce today’s account balances. Do not add a withdrawal that already happened as a future automatic withdrawal or as another INCOME entry.

If you use Improve Year Check-in, enter each account’s gross withdrawals on its account card. Enter RRSP deductions to claim for this year separately for each person, without subtracting withdrawals. The form combines these into the net tax adjustment. Its deduction can include eligible unused or spousal contributions and need not equal the deposits shown on the account cards.

RRIF and LIF withdrawals already taken use the withdrawal-to-date fields on those accounts; do not include them in Net RRSP contributions. See RRSP and RRIF Help.