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Seniors and students
When splitting eligible pension income this is normal, in that the total of your eligible pension income, $15,000, will be included in your Total income and $7,500 will be included in your spouse's total income. As you proceed through your return, you will note that the amount that you split with your spouse, $7,500 will be claimed as a deduction from your total income when calculating your Net income, thus removing the amount from your Taxable income.
And "yes" you will see this when you file.
ā€ˇFebruary 29, 2020
4:12 PM