Does Turbo Tax provide me with a partially filled T1032 Joint Election to Split Pension Income form? If not, will I be able to use the final report to fill out the T1032?

If you are preparing your return with a spouse, then TurboTax will do all the calculations for you. The pension split optimizer will even suggest and amount for the split.

I agree and understand. I

Turbo Tax already optimized the pension split and that is awesome. 

Does Turbo Tax provide me with T1032 form?

Yes. It's generated as part of your tax return.

I am currently filing 2023 Canada tax returns for my parents.  My mother passed away during 2023 so I must file separate  returns (unlinked in the 2023 Turbo Tax Deluxe software package.

I am trying to determine the optimal pension splitting amount.  While the software will calculate the optimal amount based upon me inputting my mothers net income into my fathers return information, I need to complete and file a Form 1032 for both parents. I need to include the allocation of the amount of tax paid in connection with the pension splitting on my mothers return.

Is it possible to access and complete the Form 1032 in either parent's return to complete it?

Robert

Sorry for your loss.

Yes, it is possible to fill the T1032 accordingly in each return. Could you clarify if you are using TurboTax Online or using TurboTax Desktop/Download?

Thank you for choosing TurboTax.

I have not found the income splitter. it is asking me for the amount and to fill it in. Ive been doing this since income splitting began and never had this issue before.  I am doing our 2023 tax returns.

@8074076035 Are you preparing your return together with your spouse or separately?

I'm filing separate returns because my husband passed away in 2023.  I want to split my pension with his but the T1032 won't let me enter any numbers.  And when I double click on the green numbers it takes me to my pension amount but it doesn't seem to be carrying it forward to the form.  And if I override and do the math it doesn't add up or carry it forward to the T1.  What am I forgetting.

@Donna1019 We are sorry for your loss.

Contact our customer support at 1-888-829-8608 as they can view your screen and will be able to assist you better. 

Thank you for choosing TurboTax.

Actually I found a detailed useful solution in Community Support posted April 22, 2024.

It was quite detailed and totally useful.

https://turbotax.community.intuit.ca/turbotax-support/en-ca/help-article/income/split-pension-income-spouse/L24n8rlTp_CA_en_CA?uid=lx6gfzq2

Thank You.

Donna1019

We are happy to hear that you found an answer 🙂 

Thank you for choosing TurboTax.