List Pension Information?

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List Pension Information?

Pension amounts from the United Nations Joint Staff Pension Fund are listed on line 115 of the Canada Revenue forms and as a deduction on line 256 of the CRA form as a deduction.Where do I list this on Turbo Tax ?    

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List Pension Information?

Line 115 consists of the following amounts:

  1. Enter foreign country amounts in the Foreign section of the T-slips entry screen. Enter the gross amount of your foreign pension income in the foreign currency along with the exchange rate that applies. TurboTax converts the foreign amount to Canadian dollars based on the exchange rate and transfers the total to the correct line of your return.
For most sources:
  1. On the first Personal Tax Profile screen, answer Yes to the question "did you receive pension or retirement type income or withdraw money from an RRSP or RRIF? This doesn't include contributions to an RRSP or retirement plan."
  2. Select all the checkboxes that apply and click Continue.

    You'll enter your T-slip information in the INCOME & EXPENSES section of the interview.

If this income is reported on a T5 or T3 slip:
  1. On the first Personal Tax Profile screen, answer Yes to the question "did you have income from investments? Investment income can include interest earned on investments, the sale of stocks or stock options, the sale of real property, and related investment expenses."
  2. Select I had investment income.
  3. Select all the checkboxes that apply and click Continue.

    You'll enter your T-slip information in the INCOME & EXPENSES section of the interview.

TurboTax transfers the following information to line 115 of your return:
  • box 31 from your T3 slip
  • boxes 16 from your T4A slip
Depending on your age and the reason you received the amount, the following amounts may also be included on line 115:
  • box 24 from your T4A slip
  • box 16 or 20 of your T4RIF slip
  • box 19 of your T5 slip 

As for deductions on line 256 of your T1 - they come from exemptions from foreign sources that hold a tax treaty mostly. So here is the link to guide you in entering in your foreign income under a tax treaty:

How do I enter foreign income that is subject to a tax treaty?
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