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lada
Returning Member

Problems with Lump Sum T1198 and Pension Income Splitting - Online Version

1. When Turbo Tax collected Profile info - I selected check box for the question :

"Did you receive qualifying retroactive lump-sum payments (T1198)" . Next to the box, the question mark, when I press, Error 404 appears. And no where I was presented with options where to enter info from 1198 Form.

2. Pension Income Splitting - I selected option to Split income and indicated the amount, but unable to enter it into my partner's Income into line 11600 (I was able to do it in previous years)

 

AND MANY MANY more issues - unable to add topics etc

 

 

3 Replies

Problems with Lump Sum T1198 and Pension Income Splitting - Online Version

The T1198 is still being worked on. 

You can see a list of Forms that still locked here: Why does TurboTax say my forms are locked or haven't been finalized? We're working hard to finalize these forms to align ourselves with CRA requirements, and we hope to have them ready soon. We appreciate your patience.

 

As for the pension splitting – TurboTax Online doesn’t allow you to enter line numbers directly. Also, line 11600 is the amount of pension the receiving spouse is getting, and is automatically generated if you and your spouse are preparing your returns together. If you are preparing your returns separately, you won’t see your spouse’s return, and so can’t see their line 11600. You would instead look at line 21000 on your detailed tax summary to find the amount of pension you have transferred to your spouse.

 

 

 

amherstpm
New Member

Problems with Lump Sum T1198 and Pension Income Splitting - Online Version

Is there a timeline for the T1198? It is not right that you guys took payment when we can't even file because of an unavailable T1198 on your end?!

 

Please advise when what date and time one becomes available otherwise our payment should be refunded!

Problems with Lump Sum T1198 and Pension Income Splitting - Online Version

@amherstpm T9118 form is still locked by CRA and not finalized by CRA yet. Please refer to this link Why does TurboTax say my forms are locked or haven't been finalized? 

We do not have any ETA on this yet but as soon a these forms gets finalize we will be updating them in TurboTax for accurate calculations.

We appreciate your patience.