Bikora2020 Posted March 24, 2020 Report Share Posted March 24, 2020 My spouse has a higher income and does not need to increase the taxes by adding $$ from my pension. The software is not flexible enough to opt out of the "splitting thing". Please analyze the issue &fix as required. Quote Link to comment Share on other sites More sharing options...
Bikora2020 Posted March 25, 2020 Author Report Share Posted March 25, 2020 Resolved==> Case closed Quote Link to comment Share on other sites More sharing options...
Willy24 Posted March 29, 2020 Report Share Posted March 29, 2020 Please tell me how this was resolved. I am in the same position whereby my pension is being split with my spouse who is a higher earner. I can't seem to stop the program from doing this or confirming via sensitivity analysis if the default splitting is to my advantage. Thanks Quote Link to comment Share on other sites More sharing options...
clw Posted March 30, 2020 Report Share Posted March 30, 2020 You control this in the Interview through form T1032, selectable from the Pension Income section. By default ‘Ufile decides’; just select ‘No’ to prevent pension splitting. Quote Link to comment Share on other sites More sharing options...
Willy24 Posted April 5, 2020 Report Share Posted April 5, 2020 many thanks Quote Link to comment Share on other sites More sharing options...
TheTaxSmith Posted February 10, 2021 Report Share Posted February 10, 2021 Pension splitting may result in adding income to a higher income spouse but look carefully at the credits and the net family tax paid. The goal is to achieve a lower family (couples) tax paid amount. If one spouse does not have a pension then a pension split can provide an extra pension deduction/credit by allocating pension income to them. The pension split takes into account medical expenses, OAS clawbacks and other items. On the surface it may appear to increase one spouse's income but overall it can lower the combined tax paid. Make sure you test the difference before you opt to not split the pension. Quote Link to comment Share on other sites More sharing options...
Bob Moore Posted April 24, 2021 Report Share Posted April 24, 2021 How to you manually override the amount that is income-split to the spouse? I would like to specify the amount, rather than let Ufile decide on its own. Sharon111 1 Quote Link to comment Share on other sites More sharing options...
Curmudgeon Posted April 24, 2021 Report Share Posted April 24, 2021 In Interview Setup go to Pension, click on the blue dot and select Split Pension Income with spouse. Change the question to Transfer to spouse and enter the amount. Quote Link to comment Share on other sites More sharing options...
clw Posted April 24, 2021 Report Share Posted April 24, 2021 There is also a ‘split pension report’ visible on the left side panel in the ‘Return’ menu near the end. The report tabulates split vs non-split returns. Quote Link to comment Share on other sites More sharing options...
Boris Posted March 26, 2022 Report Share Posted March 26, 2022 Can’t find the pension income splitting system automatically doing without me saying no 2021 version updated Quote Link to comment Share on other sites More sharing options...
Curmudgeon Posted March 27, 2022 Report Share Posted March 27, 2022 Quote Link to comment Share on other sites More sharing options...
Sharon111 Posted March 19, 2023 Report Share Posted March 19, 2023 On 4/24/2021 at 9:01 AM, Bob Moore said: How to you manually override the amount that is income-split to the spouse? I would like to specify the amount, rather than let Ufile decide on its own. Quote Link to comment Share on other sites More sharing options...
Sharon111 Posted March 19, 2023 Report Share Posted March 19, 2023 Did you get an answer on this? I have the same problem . They put too much on my return and now husband cannot claim me as a dependent with a disability. Quote Link to comment Share on other sites More sharing options...
Geo123 Posted March 20, 2023 Report Share Posted March 20, 2023 Hello Sharon111, In Interview go to : >> Pension and retirement income >> Split pension income with your spouse “+” >> Splitting of pension income between spouses >>Do you wish to split eligible pension income with your spouse? - - - - >Do not transfer to spouse Quote Link to comment Share on other sites More sharing options...
Sharon111 Posted March 20, 2023 Report Share Posted March 20, 2023 I want to split the pension but at a different amount. Can this be don Quote Link to comment Share on other sites More sharing options...
Sharon111 Posted March 20, 2023 Report Share Posted March 20, 2023 15 minutes ago, Geo123 said: Hello Sharon111, In Interview go to : >> Pension and retirement income >> Split pension income with your spouse “+” >> Splitting of pension income between spouses >>Do you wish to split eligible pension income with your spouse? - - - - >Do not transfer to spouse I want to split the pension but at a different amount. Can this be done? Quote Link to comment Share on other sites More sharing options...
Geo123 Posted March 20, 2023 Report Share Posted March 20, 2023 Hello Sharon111, Yes, as per below : Do you wish to split eligible pension income with your spouse? Transfer to spouse (if eligible) If Transfer ..., enter the amount of eligible pension income to transfer to your spouse [ ] < - - - ENTER desired amount Quote Link to comment Share on other sites More sharing options...
Sharon111 Posted March 20, 2023 Report Share Posted March 20, 2023 3 hours ago, Geo123 said: Hello Sharon111, Yes, as per below : Do you wish to split eligible pension income with your spouse? Transfer to spouse (if eligible) If Transfer ..., enter the amount of eligible pension income to transfer to your spouse [ ] < - - - ENTER desired amount to enter to bring it down $2,000. You would think that would be easy but do I use the initial amount before final calculations or the final amount. I am wondering if it is even worth claiming the spousal caregivers credit. Thank you. I am now struggling with the amount to enter to bring it down $2,000. You would think that would be easy but do I use the initial amount before final calculations or the final amount. I am wondering if it is even worth claiming the spousal caregivers credit. Taxes,yuck Quote Link to comment Share on other sites More sharing options...
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