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New Member
posted Dec 14, 2023 4:04:46 PM

How to find and print form T1032?

Where do I access turbo tax forms?

0 9 1524
9 Replies
Moderator
Dec 15, 2023 5:45:18 AM

To split your pension income, you and your spouse or common-law partner must complete a Form T1032 — Joint Election to Split Pension Income.

  • The form has to be signed by both parties and be available upon request by CRA.
  • The transferred portion is reported on Line 11600 of the income tax return of the transferee.
  • The deducted portion is reported on Line 21000 of the transferor’s income tax return
  • When you transfer some of your pension income, your taxes paid which are associated with the transferred amount will be reduced and transferred on the transferee’s income return. So Line 43700 of both returns will be changed accordingly.

 

For steps on Splitting Pension in TurboTax Online, please see:

How do I split my pension income with my spouse?

 

Thank you for choosing TurboTax. If you have further questions, please feel free to contact us.

New Member
Jan 7, 2024 1:54:01 PM

What if the receiving spouse has died and we are forced to file separately.

 

How do you access the pension split or T1032 on each separate filer and do the inputs flow automatically between the transferor (surviving spouse) and receiver (deceased spouse)?  Both separate returns are being prepared under the same user ID. 

Moderator
Jan 7, 2024 2:12:15 PM

You would still access the pension split in the same way, but unfortunately, since you are filing separately, your return is not linked to your spouse. You would have to determine the amount you want to split yourself. 

Returning Member
Apr 24, 2024 9:12:15 PM

When filing separate from my wife, why does the Pension split not show up in "Find?"   I want to enter the numbers manually, as we don't file together.  However, it doesn't appear the T1032 even shows as available. 

How do we either access the form, or directly enter the deducted portion for line 21000?

 

Moderator
Apr 25, 2024 9:58:41 AM

@discountdumping Are you using TurboTax CD/Download or TurboTax Online?

Returning Member
Apr 25, 2024 11:43:52 AM

I am using the online version.  I did last year, and was able to input my own T1032, and my wife did the same for her taxes.

There are many reasons why a couple will file separately, and many of those people might want to split the pension income.  Turbotax won't allow me to "find" the T1032 because we aren't filing as a couple.  I don't need turbotax to automatically split the income.  I am capable of doing the form myself.  Hate that this forces you to use another program for taxes. 

 

Moderator
Apr 25, 2024 11:53:58 AM

@discountdumping 

You'll be able to get to the pension splitting page when you go to the Review section. It will be under Tax-saving opportunities.

 

Returning Member
Apr 25, 2024 12:08:51 PM

THANK YOU!  This did work.    

Returning Member
Apr 30, 2024 6:33:50 PM

Although this works for me (The spouse splitting the pension) the program doesn't work for my wife. 


The pension splitting did not appear in her "review" and she isn't able to bring up any forms or boxes to accept the pension she is receiving from my return.