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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1 Best answer
TurboTaxZaid
New Member
Oct 30, 2019 5:28:51 PM
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)