Skip to main content
March 27, 2025
Question

income splitting

  • March 27, 2025
  • 1 reply
  • 0 views

My spouse and I are doing a joint return. His income from his pension is being split with me. ON the Total Income Summary the amount (50%) shows up in my Total Pension Income but is not deducted in his Total Pension Income so his Total Income is significantly greater than it should be. Why?

    1 reply

    Employee
    March 27, 2025

    Not sure what you mean by income splitting. Whose social security number is on the 1099-R?  Is there more than one 1099R?