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New Member
posted Oct 17, 2024 3:16:12 PM

Under CRA rules pension lump sums in box 18 on a T4A are eligible to be split with my spouse. Why does turbo tax not include the amount in the income splitting tool?

0 3 5351
3 Replies
Moderator
Oct 18, 2024 7:02:53 AM

Yes, you can split the amount in Box 18 provided it is a lump-sum payment from an SPP or money purchase RPP.

 

Have you made sure to indicate on the T4A screen that Box 18 is a payment from an SPP or money purchase RPP?

 

New Member
Oct 18, 2024 8:14:52 AM

I had completed the inputs as you indicated however the amount is not included when I split my pension income later on in the process. I noticed that the amounts show up as "other income" on line 13000. Could this be the problem?

Moderator
Oct 18, 2024 10:59:30 AM

We would recommend contacting our phone support team at 1-888-829-8608 as they will be better able to assist you. They can look at the return with you to see what is going on.