Why sign in to the Community?

  • Submit a question
  • Check your notifications
or and start working on your taxes
EnglishEN

Pick a language

Français English
cancel
Showing results for 
Search instead for 
Did you mean: 
Highlighted
Level 1

After splitting my pension income with my wife, why does the full amount from my T4A still appears on my tax summary?

I entered the amount from box 16 of my T4A as instructed. Later in the process, I split a portion of that amount on my wife's tax form as instructed. When I went to the tax summary section, the full amount of my pension income that I entered earlier still appears in my tax summary as income. The summary for my wife does show the transfer amount I entered. Should the total on my summary for pension income not be less the amount I transferred?

1 Best answer

Accepted Solutions
Level 1

After splitting my pension income with my wife, why does the full amount from my T4A still appears on my tax summary?

No it should not.

As ‘Pensioner’ your split pension amount is a deduction from income. So your Net Income line 236 is reduced.

1 Reply
Level 1

After splitting my pension income with my wife, why does the full amount from my T4A still appears on my tax summary?

No it should not.

As ‘Pensioner’ your split pension amount is a deduction from income. So your Net Income line 236 is reduced.