The pension adjustment (PA) amount is the value of the benefits you earned in 2022 under your employer's registered pension plans (RPP) and deferred profit sharing plans (DPSP), and possibly some unregistered retirement plans or arrangements. The amount is shown inbox 52of yourT4 slip orbox 034of yourT4A slip.
Pension income can come from sources other than a separate pension plan. For example, if you received retirement benefits from the Canada Pension Plan (CPP), Old Age Security (OAS), or other government programs, these amounts may be reported as pension income on your tax return.
It's also possible that the pension income amount was entered automatically by TurboTax based on the information provided in your T4 slip. Some T4 slips include an amount for a Registered Pension Plan (RPP) or a Deferred Profit Sharing Plan (DPSP), which would be considered pension income for tax purposes.
If further assistance assistance is required, we believe your best option is to contact our telephone support as they have the option to view your screen and help you with this. To contact them, please follow this link: Contact Us.
The issue was due to the fact that my wife started to receive some pension last year and TT wanted me to try out pension income splitting. I then wanted to try something else and removed her pension receipts from TT, but the income from the splitting analysis was still associated with my income. I know there is a note to say that to rerun the pension income splitting exercise if you make a change, but I would have assumed that had I removed the pension income altogether that it would have reset all income from the first pension splitting run.