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phunt
New Member

My spouse elected to spit her pension income, which increased my pension income, but did not reduce her pension income. How can we correct that problem?

I reset pensions sharing to $1000, and my pensionable income went down, but my wife's pension income remain the same, in accordance with her T4 pension slips.

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My spouse elected to spit her pension income, which increased my pension income, but did not reduce her pension income. How can we correct that problem?

When you split your pension with your spouse, you will still see the full amount of the pension you received on your tax return.

The full amount of the pension being split is reported in the Total Income section of the tax return (Line 115 - Pension Income).

Then the amount you are splitting with your spouse is deducted from your return in the next section to arrive at Net Income (Line 210 - Deduction for Split Pension Amount).

Your spouse will have one entry on Line 115 as shown in the screenshot.

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My spouse elected to spit her pension income, which increased my pension income, but did not reduce her pension income. How can we correct that problem?

When you split your pension with your spouse, you will still see the full amount of the pension you received on your tax return.

The full amount of the pension being split is reported in the Total Income section of the tax return (Line 115 - Pension Income).

Then the amount you are splitting with your spouse is deducted from your return in the next section to arrive at Net Income (Line 210 - Deduction for Split Pension Amount).

Your spouse will have one entry on Line 115 as shown in the screenshot.