T1032 optimization

1

Hi. New to Taxcycle this year. Used Profile for over 20 years. In Profile, on T1032, there was a link that would show you how much combined tax was saved by splitting the pension income. Is there the same in Taxcycle? It was nice to be able to say to clients that they saved $xxx by splitting it.

2

You can see the combined tax savings at the bottom of the PensionSummary page.

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If you’re using the default CLetter, it’ll included a paragraph telling the client how much was transferred and what the savings are.

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3

Second section of the Optimizations Worksheet.