Same question, why does my income summary show $49,665.00 when I have only entered $32,387.93?
Did you use the CRA AutoFill service to import your tax information into TurboTax? And are you filing with a spouse? If "yes" are you "Pension Splitting"?
My income is also incorrect. T4 total income $43962.74, Income summary shows $44424.90. Did you ever get an answer to your query?
I have same question. I've worked for a company for 4 months. My total income was $49880 but in section 67 I have $11769 as non-eligible retiring allowance and it added up to my total income and made it to 61k in TurboTax program which is incorrect!!!!! My total income is just $49880.
Is there something wrong in my T4 or the software?
Looking forward for the answer guys
Thanks
The amount from Box 67 (Non-Eligible Retiring Allowances) will be added to your income as it will be the amount of the possible transfer.
Box 67 is an "ineligible" transfer, so if you didn't put buy an RRSP to offset it, it's added to your income
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