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What is the latest date

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In 2020, Parvez Patel made a Home Buyers Plan (HBP) withdrawal of $18,000. In what year must Parvez begin making repayments into his RRSP and what is the latest date by which he can make his first repayment?

  • Repayments must begin in 2021, with the latest date being 60 days after the end of 2021
  • Repayments must begin in 2021, with the latest date being December 31, 2021
  • Repayments must begin in 2022, with the latest date being 60 days after the end of 2022
  • Repayments must begin in 2022, with the latest date being December 31, 2022

Reference no: EM132891737

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