You will see the following error message in H&R Block’s 2015 tax software if on form RC268: Contributions to a United States retirement plan – cross-border commuters you entered an amount in the Prescribed amount section but did not complete the Calculating your deduction section:
You need to enter the amount of 2015 contributions to the U.S. retirement plan and the amount of contributions that would be excluded from income on the U.S. return since you entered an amount under the Prescribed amount section on the RC268 form. [error code: 254]
To correct the error, on form RC268, enter amounts in the following fields of the Calculating your deduction section:
- Amount of your 2015 contributions to the U.S. retirement plan
- Amount of contributions that would be excluded from your income on your U.S. tax return
Note: You can find form RC268 under the RRSPS AND INVESTMENTS icon on the PREPARE tab.