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October 17, 2024
Question

Under CRA rules pension lump sums in box 18 on a T4A are eligible to be split with my spouse. Why does turbo tax not include the amount in the income splitting tool?

  • October 17, 2024
  • 1 reply
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    1 reply

    TurboTaxSusan
    October 18, 2024

    Yes, you can split the amount in Box 18 provided it is a lump-sum payment from an SPP or money purchase RPP.

     

    Have you made sure to indicate on the T4A screen that Box 18 is a payment from an SPP or money purchase RPP?

     

    October 18, 2024

    I had completed the inputs as you indicated however the amount is not included when I split my pension income later on in the process. I noticed that the amounts show up as "other income" on line 13000. Could this be the problem?

    TurboTaxSusan
    October 18, 2024

    We would recommend contacting our phone support team at 1-888-829-8608 as they will be better able to assist you. They can look at the return with you to see what is going on.