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Find CRA Netfile error information >> HERE!
Doug L1
New Member

Pension Splitting seems wrong?

I have a pension T4RIF ($40K) and so does my wife. ($8K).   When I choose to pension split half of my pension, $20K gets added to her return as income, but my pension amount stays the same when looking at the detailed summary.  Shouldn't mine go down by $20K?

 

Also, when I split her $8K pension the optimizer tells me to split $175 and it adds that to my pension.  When I split my $40K pension, it tells me to add $2.02 to her return.

 

Doesn't seem to make sense?