How do I repay the LLP withdrawal?

You are required to repay the LLP withdrawal within 10 years or less. Just as with the Home Buyers’ Plan (HBP), you make RRSP contributions each year, and on the Schedule 7 – RRSP Unused Contributions, Transfers, and HBP or LLP Activities, of your personal income tax return you designate what portion of your contribution is a repayment of your LLP withdrawal.

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