To report this benefit, If you are using a TurboTax Online product, please follow the steps below.
- Sign in to your return
- Go to the Find icon (magnifying glass) at the top right corner to enter T4A
- Select T4A - Pension, Retirement, Annuity, and Other Income then click on GO.
- On the page that appears, you will see a One-time payment for older seniors Box 205 when you scroll down to the section Covid Related Benefits. Scroll a little further to see Box 205.
- This is where you will enter your One-time payment Benefit.
For more information, please see the Canada Revenue Agency (CRA) webpage: One-time payment for older seniors
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