Principal Changes: RL-2 Slip
If the amount you enter in box C includes a single payment made under a registered pension plan (RPP) or a deferred profit-sharing plan (DPSP), you must enter “C-10” in a blank box, followed by the date of the payment.
Effective March 20, 2019, the maximum amount that can be withdrawn from a registered retirement savings plan (RRSP) under the Home Buyers' Plan (HBP) is $35,000 instead of $25,000.
Therefore, the maximum amount you can enter in box O is:
- $25,000 if the amount was withdrawn from an RRSP before March 20, 2019; and
- $35,000 if the amount was withdrawn from an RRSP after March 19, 2019.
If the amount withdrawn exceeds $25,000 or $35,000, as applicable, you must also enter the excess amount in box C.