Pension income splitting calculator
Up to half of eligible pension income, such as RRIF withdrawals from age 65, can be reported by your spouse. Enter both incomes: the calculator finds the share that lowers the combined tax and the Old Age Security clawback. Estimates: only basic credits are counted.
Want this done automatically for your real portfolio?
GlowFi follows your stocks, ETFs and crypto, calculates your adjusted cost base and gains the way the CRA expects, and shows your TFSA and RRSP room. Free to start, 7 days of Pro included.