I just spoke (at great length) with an agent from the CRA. According to internal CRA procedures a distribution from an IRA must be treated as income from a "foreign retirement arrangement" and must be included on T1 Line 11500 as "other pensions and superannuation"; however it must NOT be included in calculations for pension splitting.
According to the agent, entering the IRA on T1 Line 13000 (by way of "other foreign income" on the T-Slip Foreign in TurboTax") in order to avoid the pension splitting issue could be construed as failing to properly report income to the CRA.
Is there a way in TurboTax to enter an IRA distribution so that it appears on T1 Line 11500 but does not get included in the pension splitting amount?
