Pension Splitting

If you receive a pension, you may be able to elect with your spouse or common-law partner to allocate up to 50% of your eligible pension income to your spouse or common-law partner to reduce your combined tax payable. You may also be eligible to claim the age amount, medical expenses, and the disability tax credit. If you are dependent on another person due to a physical or mental impairment, your caregiver may be able to claim the family caregiver amount when calculating certain non-refundable tax credits.

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