Beginner questions
Are RESP contributions tax deductible?
No. RESP contributions are not deductible from income, but investment growth can grow tax-deferred inside the plan.
Reviewed 2026-05-23
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Source status: this educational answer links to the government, regulator, school, or provider sources used for the current review. It is not personal financial, tax, legal, or investment advice.
Short answer
No. RESP contributions are not deductible from income, but investment growth can grow tax-deferred inside the plan.
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Beginner questions
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This answer is designed as a starting point. RESP rules can depend on residency, beneficiary age, income, provider support, plan type, and current government program rules.
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