Protected B when completed |
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Step 5 – Income tax deducted (line 437) |
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Enter the total tax deducted from the transferring spouse or common-law partner's pension income | ||||||||||||||||||||||||
entered on line C* | 6804 | • O | ||||||||||||||||||||||
* | If the transferring spouse or common-law partner's information slip(s) include(s) income tax deducted for both eligible and non-eligible pension income on the same slip, calculate the proportionate amount of tax deducted to be included at line O for each slip as follows: |
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(Eligible pension ÷ total of eligible and non-eligible pension) x total tax deducted | ||||||||||||||||||||||||
Calculate the tax deducted for the elected split-pension amount: | ||||||||||||||||||||||||
Amount from line O | x | Amount from line G | = | 6805 | • P | |||||||||||||||||||
Divided by: Amount from line C | ||||||||||||||||||||||||
Part A – | Calculate the income tax deducted for the transferring spouse or common-law partner |
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Total tax deducted from all of the transferring spouse or common-law | ||||||||||||||||||||||||
partner's slips** | 1 | |||||||||||||||||||||||
Amount from line P | – | 2 | ||||||||||||||||||||||
Line 1 minus line 2 | = | 3 | ||||||||||||||||||||||
Enter the result on line 437 of the transferring spouse or common-law partner's return. |
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Part B – | Calculate the income tax deducted for the receiving spouse or common-law partner |
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Total tax deducted from all of the receiving spouse or common-law | ||||||||||||||||||||||||
partner's slips** | 1 | |||||||||||||||||||||||
Amount from line P | + | 2 | ||||||||||||||||||||||
Line 1 plus line 2 | = | 3 | ||||||||||||||||||||||
Enter the result on line 437 of the receiving spouse or common-law partner's return. |
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** | Enter the amount that you would have entered on line 437 of your return if you did not choose to split your eligible pension income. If you were a resident of Quebec on December 31, 2018, do not include any of your Quebec provincial income tax deducted. |
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Step 6 – Joint certification |
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By completing this form and signing below, we jointly elect and agree that the split-pension amount entered on line G of Step 3 will be deducted in computing the net income of the transferring spouse or common-law partner and reported as income by the receiving spouse or common-law partner on our income tax returns for the 2018 tax year. |
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We understand that we will be jointly and severally liable for any amounts of tax, interest and penalties that may be owing as a result of this election. |
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Date | ||||||||||||||||||||||||
Signature of transferring spouse or common-law partner | ||||||||||||||||||||||||
Date | ||||||||||||||||||||||||
Signature of receiving spouse or common-law partner | ||||||||||||||||||||||||
It is a serious offence to make a false statement. | ||||||||||||||||||||||||
See the privacy notice on your return. | ||||||||||||||||||||||||