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New Member
posted Apr 29, 2021 5:44:44 AM

I have a UK pension. The UK is deduction 8% tax. Can I claim that as foreign tax paid on the T-Slips/Foreign income?

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1 Replies
Level 2
Apr 5, 2022 5:27:22 PM

If there is a tax treaty with the country your pension is from, you can claim a deduction on line 25600 of your return for the part of your foreign pension income that is tax-free in Canada.

If you paid foreign taxes on your pension, you may be able to claim a foreign tax credit when you calculate your federal and provincial or territorial taxes.

 

In order to do follow the steps written below:

  1. Select Find (or the magnifying glass icon) from the TurboTax menu.
  2. In the Find window, type Foreign income and select Go.
  3. Select Foreign income from the options that appear then selects Go.
  4. When the Foreign Income Summary step appears, add the amount for the slip you'd like to claim.
  5. Repeat the steps above for each new slip and amount you need to enter.
  6. Select Continue.

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