Why is there $3000 deducted for 2020 pension adjustment. I have not entered anything in box 52 from the T4 but yet when I go to look at the RRSP deduction limit form for the calc, there is 3,000 on the line that says Less: 2020 pension adjustment.
The pension adjustment reported in one year reduces the RRSP Contribution Limit in the following year. If there is an amount showing as a 2020 pension adjustment, it would have been reported on the 2019 T4.
An amount for 2020 pension adjustment will only show on the RRSP deduction limit screen if there is an entry on either a T4 or a T4A. Right click on the line to determine the source of the pension adjustment entry
Hope this helps
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