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New Member
posted Mar 12, 2024 9:09:33 PM

On T4A(OAS) box 18 is Taxable Pension Paid but on Turbotax Box 18 says Lump Sum Payment - is this correct box to put OAS pension amount or should it be in Box 16?

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9 Replies
Intuit Alumni
Mar 13, 2024 9:04:38 AM

We have verified on both TurboTax Online and TurboTax Download and all T4A(OAS) - Old Age Security have Taxable Pension Paid for Box 18. There is no box indicated for Lump Sum Payment. 

Please verify that you are in the T4A(OAS) and not the T4A - Pension, Retirement, Annuity, and Other Income where Box 18 is for Lump Sum Payment. 

 

Thank you for choosing TurboTax.

New Member
Mar 19, 2025 4:19:37 PM

no that is not correct

 

New Member
Mar 19, 2025 4:20:29 PM

Shis should be box 16

New Member
Mar 19, 2025 4:23:26 PM

no that is not correct.

 

New Member
Mar 19, 2025 4:32:12 PM

This is not correct , it was paid monthly.

 

New Member
Mar 19, 2025 4:34:55 PM

T4A(OAS) was paid monthly

 

New Member
Mar 19, 2025 4:38:09 PM

T4A(OAS) was paid monthly

New Member
Mar 19, 2025 4:40:37 PM

T4A(OAS) was paid monthly

 

 

 

 

 

 

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Level 8
Mar 20, 2025 1:59:23 PM

Yes, you will enter the amount in box 18 just as it is on your T4A(OAS) slip.

 

Thank you for choosing TurboTax.