Hello TT-
This is in regards to TT online.
I'm going to use sample #s to clarify what's going on.
- Dual income couple
- Wife's self-employment income of $100K
- Husband's income of $50K
- Wife made $30K withdrawal from her spousal RRSP
- When clicking on Review in the left hand pane I see the following:
- Wife's Tax Profile
- RRSP Income: $10K
- Self-employment Income: $100K
- Total income: $110K
- Husband's Tax Profile
- RRSP Income $20K
- Self-employment Income: 50K
- Total income: $70K
- I would expect to see the following:
- Wife's Tax Profile
- RRSP Income: $30K
- Self-employment Income: $100K
- Total income: $130K
- Husband's Tax Profile
- RRSP Income $0K
- Self-employment Income: 50K
- Total income: $50K
Why is TT shifting $20K from the wife to the husband. Does this have something to do with the fact that the money is coming from a Spousal RRSP to which the husband originally contributed? (We are in a situation where I over-contributed big time to my wife's Spousal so we're looking at some unbalanced withdrawals in the future unfortunately.)
Thanks in advance for any clarification regarding what's happening.
On a final note, is there a way of getting into a Forms view with TT online? My understanding has always been that's a feature only available to desktop users.
Thanks in advance for any clarification.
Patrick
