Tax paid on eligible pension income
The program automatically processes the tax you already paid on
the eligible pension income on lines 1160 and 12900 of the
federal return, in proportion to the elected split-pension
amount.
For instance, supposing you have a T4A slip with an amount of
$6,000 in Box 22 for federal tax withheld and the program's MaxBack
calculator decides to split 50% of the pension income, it will
automatically transfer any tax already paid on this income in the
same proportion, in this case $3,000.
This result is included on line 43700 of both spouses' federal
returns. The calculation can also be viewed in Step 5 of the
federal T1032 form, available under the "Tax Return" tab
ID: 20210830145126DE.xml
Webpage: KPA375-20210830145126DE.htm
