RL-1 slip - Box O, code RQ - Retirement Compensation ArrangementThe amounts paid to you under a retirement compensation arrangement must be declared in an RL-1 slip with an amount entered in Box O and Code RQ because they are taxable.
This benefit cannot be split as pension income with your spouse.
To report this amount, please follow the steps below:
1. On the "Left-side menu on the Interview tab", select the "T4A and pension income".
2. On the page that appears on the right, click the plus sign "+" icon to the right of the line "T4A-RCA - Statement of Distributions from a Retirement Compensation Arrangement (RCA)".
3. A new page will appear. Enter the amount in Box 16, as well as the other information from your T4A-RCA slip.
4. For Quebec residents, if the amount in Box O of the RL-1 slip is different from the one on the T4A slip, enter the T4A amount and click on the "Maple Leaf" icon. A box for Quebec will appear for you to enter the amount for Quebec. This box will only appear if you enter the federal amount first.
The amount will be carried forward by the program to line 13000 of the federal return and to line 154 of the Quebec return, and code 03 will be entered on line 153 of Quebec (if applicable).
ID: 20191217132732DE.xml
Webpage: KPA365-20191217132732DE.htm