Allan Fortin Posted March 29, 2022 Report Share Posted March 29, 2022 Ufile is not giving my spouse the pension income deduction on eligible pension income that we are splitting. It does not seem to do a calculation in Part B for note 3a and 3b on Form T1032. Thank you. Allan Quote Link to comment Share on other sites More sharing options...
TheTaxSmith Posted March 29, 2022 Report Share Posted March 29, 2022 Is your wife 65? Take a look at this https://www.advisor.ca/columnists_/frank-di-pietro/understanding-the-pension-income-tax-credit/ Quote Link to comment Share on other sites More sharing options...
Allan Fortin Posted March 30, 2022 Author Report Share Posted March 30, 2022 No she is not. Quote Link to comment Share on other sites More sharing options...
Allan Fortin Posted March 30, 2022 Author Report Share Posted March 30, 2022 My understanding is that she is eligible for the pension income amount on eligible pension income when I split that income with her even though she is not 65. And the program does not seem to be giving her the pension income non-refundable tax credit. Quote Link to comment Share on other sites More sharing options...
Curmudgeon Posted March 30, 2022 Report Share Posted March 30, 2022 What kind of pension income is it? Quote Link to comment Share on other sites More sharing options...
Allan Fortin Posted April 3, 2022 Author Report Share Posted April 3, 2022 It is from my RRIF. Quote Link to comment Share on other sites More sharing options...
TheTaxSmith Posted April 3, 2022 Report Share Posted April 3, 2022 "For clients under age 65, RRIF income, DPSP income, annuities, PRPP income, income-averaging annuity contracts, or RRSP income will only qualify for the pension income amount if they’re received because of the death of a spouse or common-law partner." https://www.advisor.ca/columnists_/frank-di-pietro/understanding-the-pension-income-tax-credit/ Quote Link to comment Share on other sites More sharing options...
Hazel Posted April 25, 2022 Report Share Posted April 25, 2022 My husband passed away Dec 2021 and file is not allowing split pension income which we have been doing for several years. Quote Link to comment Share on other sites More sharing options...
Curmudgeon Posted April 25, 2022 Report Share Posted April 25, 2022 I don't know why splitting isn't occurring but keep in mind the final return has to be mailed in and Quote Both the deceased person and their spouse or common-law partner must have signed Form T1032. If the form is being completed after the date of death, the surviving spouse or common-law partner and the legal representative of the deceased person's estate must sign the form. In some cases, the legal representative may be the spouse or common-law partner, in which case this person must sign for the deceased person too. Quote Link to comment Share on other sites More sharing options...
TheTaxSmith Posted April 25, 2022 Report Share Posted April 25, 2022 In the year of death the pension split is determined on a prorated basis. Male sure the date of death is entered correctly. See the following. https://www.advisor.ca/columnists_/wilmot-george/can-a-surviving-spouse-split-her-income-with-her-deceased-spouse/#:~:text=In brief%2C up to 50,spouse or common-law partner. Quote Link to comment Share on other sites More sharing options...
Hazel Posted April 26, 2022 Report Share Posted April 26, 2022 Thank you everybody for your help. Am going to a CPA as File doesn't allow for this!! I am his spouse and representative and sole beneficiary! I will get ti straightened out. Thank you. Quote Link to comment Share on other sites More sharing options...
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