☰
✕
Sign In

Why sign in to the Community?

  • Submit a question
  • Check your notifications
Sign in to the Community or Sign in to TurboTax and start working on your taxes
New Member
posted Oct 31, 2019 1:43:18 AM

Is my husbands company pension reported on a T4A in Box 16 eligible for pension splitting with me if we are under 65?

we are under 65 and are we eligible for pension splitting?

0 2 1320
1 Best answer
Level 15
Oct 31, 2019 1:43:19 AM

Yes, individuals under age 65 are eligible for pension splitting if they receive lifetime annuity payments from a registered pension plan (RPP).These payments are reported in Box 16 of the T4A slip and transfer to Line 115 of the tax return which qualifies them as "eligible pension income" for pension splitting.

Note: RRIF income cannot be split under age 65.

2 Replies
Level 15
Oct 31, 2019 1:43:19 AM

Yes, individuals under age 65 are eligible for pension splitting if they receive lifetime annuity payments from a registered pension plan (RPP).These payments are reported in Box 16 of the T4A slip and transfer to Line 115 of the tax return which qualifies them as "eligible pension income" for pension splitting.

Note: RRIF income cannot be split under age 65.

New Member
Oct 31, 2019 1:43:21 AM

Thank you!