TurboTax HelpIntuit
How do I use the Pension Splitting Optimizer on my spouse or common-law partner’s final return?
by TurboTax• Updated 10 months ago
TurboTax’s Pension Splitting Optimizer automatically suggests the best pension distribution for you and your spouse/common-law partner to ensure that you collectively pay the least tax. The optimizer is available only when preparing a coupled spousal/partner return in TurboTax Online.
If your spouse/partner recently passed away, you’ll need to complete their final return separately from yours. To use the Pension Splitting Optimizer, you can first prepare a “mock” coupled return. This will provide the optimal pension split amount to enter on each of your actual separate returns.
More like this
- How does the Pension Splitting Optimizer work?by TurboTax•167•Updated December 12, 2023
- How do I split my spouse or common-law partner’s pension income if they recently passed away?by TurboTax•64•Updated April 23, 2024
- How do I split my pension income with my spouse?by TurboTax•302•Updated April 22, 2024
- How does a change in marital status affect my tax return?by TurboTax•167•Updated March 06, 2024