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Returning Member
posted Apr 9, 2022 10:30:53 PM

why amount in line 11500 is higher than amount entered?

0 1 213
1 Replies
Returning Member
Apr 9, 2022 10:50:36 PM

Got my response from previous post from:

 
New Member
‎October 31, 2019 3:48 AM
 
Pension income on the income summary includes amounts from lines 113, 114, 115, and 116 of your return.

This would include:

  • Old Age Security Pension (T4A(OAS))
  • Canada Pension Plan benefits (T4A(P))
  • Other pensions or superannuation (Box 16 or 24 from T4A, Box 16 or 20 from T4RIF, box 19 of T5, box 31 of T3 - some of these depend on your age and reason the amount is received)
  • Elected split-pension amount, if your spouse is transferring some of their pension to you via pension splitting

You can check lines 113-116 by going to Review > Bottom Line (Tax Summaries), then clicking the Detailed Tax Summary link.