whome002
Returning Member

Question regarding Pension Splitting

Watch version does Pension Splitting, standard or premier?

Getting started

With TurboTax Desktop, both Standard & Premier have the Pension splitting optimizer. 

 

 

whome002
Returning Member

Getting started

Thank you

2000Taxes
New Member

Getting started

For the last 3 years, I have been using the pension splitting optimizer.  And every year Rev Canada re-assesses me, disallowing my pension credits.  
 Does the optimizer include my pension credit in its calculations?  If so how do I manually delete lines 31400 and 58360.   It’s annoying that I immediately get reassessed right after I netfile using turbo tax 

Getting started

Can you please clarify which credits you are speaking of? 

2000Taxes
New Member

Getting started

I am referring to the Federal Pension Income amount of $2000.00 reflecting lines 31400 and 58360. 

CRA reduces the BC non-refundable tax credit and also the Federal non-refundable tax credit. 

 

I put in an adjustment request  May 30th, 2025  for my taxation year of 2024 and when I spoke to CRA they backchecked and said that I also was denied the credit for the years 2022, 2023 & 2024 with no target completion date.  And now again in 2025. 

I am wondering how to avoid  being re-assessed using Turbo Tax? 

 

Getting started

Please contact our phone support team as they will be able to assist you further.