Slowe11 Posted April 28 Report Share Posted April 28 (edited) On form T1032, the Maximum split-pension amount does not transfer the same value, from line 21 to 22. It's short by $1000. Why? Never had this problem before. Maybe a glitch in UFIle. Thanks for your help. Edited April 28 by Slowe11 error Quote Link to comment Share on other sites More sharing options...
Slowe11 Posted April 28 Author Report Share Posted April 28 (edited) Sorry, it's short by about $1000 on line 22, correction to previous message. Also want to add that I set the program to Let MaxBack Decide. Edited April 28 by Slowe11 Added information Quote Link to comment Share on other sites More sharing options...
Geo123 Posted April 29 Report Share Posted April 29 Hello Slowe11, Pension Split The program automatically processes the tax you already paid on the eligible pension income in proportion to the elected split-pension amount. This result is on : Spouse Return : Elected split-pension amount [11600 ] Family Head Return : Deduction for elected split-pension amount [2100] The calculation can also be viewed in Step 5 of the federal T1032 form, available under the "Tax Return" tab. To view the optimization and savings for the pension split pleas refer to the report “Report on split-pension income”. The split is not always optimal at 50%, and this report will show you with and without the allocation. Report on split-pension income – 2023 Checklist - Medical expenses Report on split-pension income < - - - HERE Report - tax savings reconciliation Worksheet (Federal) p1 Quote Link to comment Share on other sites More sharing options...
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