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Level 1

Can spouses split income if one is retired and one is still working?

 
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Level 1

Can spouses split income if one is retired and one is still working?

If you have "eligible pension income", you can split it with your spouse even if both of you are still working. Here is a list of pension income eligible for "splitting": https://www.canada.ca/en/revenue-agency/services/tax/individuals/topics/pension-income-splitting/eli...