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Print this pageForward this document  Old age security pension calculation

When and how does DT Max calculate the OAS?

The user's defaults show whether or not DT Max calculates the amount of old age security (OAS) pension of a recipient taxpayer. If you have opted for automatic calculation, you can always modify your choice in a client's file.

When calculating the amount, DT Max will prorate the OAS pension for

  • taxpayers turning 65 years of age in the year
  • the final return of a deceased taxpayer (in the year of death)
  • prebankruptcy and postbankruptcy returns

If the taxpayer did not receive the amount calculated by DT Max because he is a recent immigrant, or if the taxpayer is not eligible to receive the OAS pension, override the amount with the keyword OAP-OV and enter the reason in the client's file. This will be printed on the tax return but it is safer to also enclose a note to that effect with the return as the printed indication is easy to miss and your client's assessment could end up reflecting OAS income he never received.

February 19, 1999