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New Member
posted Mar 31, 2022 11:30:10 PM

In which section do I include a service canada payment of $500 that was give to all OAS recipients over 75 years old?

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1 Replies
Level 4
Apr 1, 2022 1:35:00 PM

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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