What is a T10 Pension Adjustment Reversal (PAR)?

The T10: Pension Adjustment Reversal (PAR) slip reports the PAR amount which the Canada Revenue Agency (CRA) takes into consideration to determine your RRSP and PRPP deduction limit for the year. If you receive a T10, the CRA will increase your RRSP and PRPP deduction limit for that year by the PAR amount.

Note: The T10 is sent to you for your information only and doesn't need to be entered in H&R Block’s tax software or sent to the CRA. Your plan administrator will send a copy to the CRA that they will use to adjust your RRSP and PRPP deduction limit as necessary.