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Where do I enter my GIS payments in TurboTax?

by TurboTax Updated 3 days ago

The Guaranteed Income Supplement (GIS) is a nontaxable payment available to senior Canadians who receive the Old Age Security (OAS) pension and whose income falls below a maximum annual threshold. If you received the GIS on your T4A(OAS) slip, the amount is included in box 21. 

Follow the steps below to enter your GIS payments into TurboTax. Once entered, these payments are shown as social assistance income on your TurboTax return summary.

Note: If you’re a GIS recipient who also received pandemic benefits, you may qualify for a one-time nontaxable grant. Eligible seniors should have automatically received the grant in April 2022.

  1. Select Find from the menu and enter T4A(OAS) in the search field.
  2. Select T4A(OAS) Old Age Security from the results, then select Go.
  3. Enter the amount from box 21 of your T4(OAS) slip, then select Continue.
  1. Select Find from the menu and enter T4A in the search field.
  2. Select T4A (OAS) Old age security and federal supplements from the results, then select Go.
  3. On the Entering your federal T-slips screen, select the checkbox for T4A (OAS), then select Continue.
  4. On the T4A(OAS) - Old Age Security screen, enter the amount from box 21 of your T4(OAS) slip, then select Done With T4A(OAS).

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