Is there a maximum allowable deduction when pension splitting? For example my pension exceeds $100k yet CRA only allowed me to split $43k rather than 50%.

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Is there a maximum allowable deduction when pension splitting? For example my pension exceeds $100k yet CRA only allowed me to split $43k rather than 50%.

The maximum amount is 50% as per the CRA (see link A below). Could it be that some of your pension income is not eligible to be split? (see link B)

Link A: https://www.canada.ca/en/revenue-agency/services/tax/individuals/topics/pension-income-splitting/you...

Link B: https://www.canada.ca/en/revenue-agency/services/tax/individuals/topics/pension-income-splitting/eli...

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Is there a maximum allowable deduction when pension splitting? For example my pension exceeds $100k yet CRA only allowed me to split $43k rather than 50%.

The maximum amount is 50% as per the CRA (see link A below). Could it be that some of your pension income is not eligible to be split? (see link B)

Link A: https://www.canada.ca/en/revenue-agency/services/tax/individuals/topics/pension-income-splitting/you...

Link B: https://www.canada.ca/en/revenue-agency/services/tax/individuals/topics/pension-income-splitting/eli...