The program calculates the entitlement to the pension income amount (maximum $2,000) based on eligible pension income reported on a T3, T4A, T4RSP or T5 slip.
The amounts indicated as having been transferred to an RRSP/RIFF/PRPP will reduce the amount of qualified pension income and are updated to line 31400 by the program.
Eligible pension income not reported on a T-slip should be entered in Form T1 Line 11500, Other Pensions and Superannuation Summary (line 11500).
See Also