When splitting investment income do I calculate the split and enter on both returns or do I enter the total amount on my return and insert the appropriate % split?

[Lyne-TurboTax · Accepted solution]

You need to complete your slip how it appears on the paper. Usually, only one spouse need to complete the t5 slip . If you entered the % on this slip, the software will split this income on schedule 4(s) of each spouse.

[shirley-greg]

Who is eligible to share investment income? Are seniors eligible or may they share pension income only?