Solved: If you are married and used the pension splitting ...

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Why is my tax paid only about $9000 in the program when we have actuallyentered about $14,000? T

he $14,000 was from OPG pension ($10.012.92),Empire life cashout ( $248.51), CPP taxpaid ( $1703.64) and RRSP cashout via Scotia ( $1999.99)?
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New Member

Why is my tax paid only about $9000 in the program when we have actuallyentered about $14,000? T

If you are married and used the pension splitting option, then a portion of your taxes paid relating to your pension income is also transferred to your spouse.  You may wish to look at that as a possibility.

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Highlighted
New Member

Why is my tax paid only about $9000 in the program when we have actuallyentered about $14,000? T

If you are married and used the pension splitting option, then a portion of your taxes paid relating to your pension income is also transferred to your spouse.  You may wish to look at that as a possibility.

View solution in original post

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