T3012A Calculation
Hello, I'm looking for help filling out my T3012A. I contributed $12,000 in 2025 ($1000/month), and declared $2000 of it on my 2024 tax return since it was in the first 60 days. I'm not sure if this matters for this form, but I didn't realize that I was $1000 over-contributed after getting my 2024 NoA. Does this affect Line 3 at all? Is the math below correct?
T3012A for 2025
Line 1: $12,000
Line 2: $2000
Line 3: $2000
Line 4: $0
Line 5: $0
Line 6: $0
Line 7: $2000 (Sum of Line 3, 4, 5, 6)
Line 8: $10,000 (Line 1 minus Line 7)
Thank you for your help! :)
Posted Mar 5, 2026, 2:26 AM UTC
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