Line 31400 – Pension income amount
You may be able to claim up to $2,000 if you reported eligible pension, superannuation or annuity payments on line 11500, line 11600 or line 12900 of your return.
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You may be able to claim up to $2,000 if you reported:
- eligible annuity or pension income (or both) on line 11500 of your return
- eligible pension income on line 11600 of your return
- annuity payments on line 12900 of your return (box 16 of your T4RSP slips) if either:
- You were 65 years of age or older on December 31, 2024
- You received payments because of the death of your spouse or common-law partner
For a list of eligible pension and annuity income, see the charts below.
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Eligible Pension and Annuity Income (less than 65 years of age)
Eligible Pension and Annuity Income (less than 65 years of age) Slip or Form Box number Type of income Conditions Line number T3 Box 31 RPP lifetime retirement benefits (includes retroactive lump-sum payments) None line 11500 T4A Box 016 EBP benefits If there is a box 109, the applicable amount in box 016 is not eligible for the amount on line 31400. line 11500 T4A Box 016 RPP lifetime retirement benefits (includes retroactive lump-sum payments) None line 11500 T4A Box 018 Lump-sum payment from an SPP or money purchase RPP Received upon the death of your spouse or common-law partner line 11500 T4A Box 024
(Box 115)DPSP income Received upon the death of your spouse or common-law partner line 11500 T4A Box 024 Reguar annuities and IAAC Received upon the death of your spouse or common-law partner line 11500 T4A Box 028
(Box 133)Variable pension benefits Received upon the death of your spouse or common-law partner line 11500 T4A Box 133 Variable payment life annuity paid out of a money purchase RPP None line 11500 T4RIF Box 16
Box 22RRIF income Received upon the death of your spouse or common-law partner
Note: Any portion transferred to an RRSP, RRIF, or to purchase an annuity does not qualify for the pension income amount.
line 11500 T4RSP Box 16 RRSP income Received upon the death of your spouse or common-law partner line 12900 T5 Box 19 Regular annuities and IAAC Received upon the death of your spouse or common-law partner line 11500 Form T1032 line 14 Elected split pension income All or part of the elected split-pensionincome amount is included on line 28 of Form T1032, Joint Election to Split Pension Income line 11600 None None Foreign pensions (including US Social Security) The amount of foreign pension income that is not deductible on line 25600 is still eligible for this amount.
Any amount of foreign pension income that is tax-free in Canada because of a tax treaty and income from a United States individual retirement arrangement account are not eligible for the pension income amount.
line 11500 -
Eligible Pension and Annuity Income (65 years of age or older)
Eligible Pension and Annuity Income (65 years of age or older) Slip or Form Box number Type of income Conditions Line number T3 Box 31 RPP lifetime retirement benefits (includes retroactive lump-sum payments) None line 11500 T4A Box 016 EBP benefits If there is a box 109, the applicable amount in box 016 is not eligible for the amount on line 31400. line 11500 T4A Box 016 RPP lifetime retirement benefits (includes retroactive lump-sum payments) None line 11500 T4A Box 018 Lump-sum payment from an SPP or money purchase RPP None line 11500 T4A Box 024
(Box 115)DPSP income None line 11500 T4A Box 024 Reguar annuities and IAAC None line 11500 T4A Box 028
(Box 133)Variable pension benefits None line 11500 T4A Box 133 Variable payment life annuity paid out of a money purchase RPP None line 11500 T4RIF Box 16
Box 22RRIF income None
Note: Any portion transferred to an RRSP, a RRIF or to purchase an annuity does not qualify for the pension income amount.
line 11500 T4RSP Box 16 RRSP income None line 12900 T5 Box 19 Regular annuities and IAAC None line 11500 Form T1032 line 14 Elected split pension income None line 11600 None None Foreign pensions (including US Social Security) The amount of foreign pension income that is not deductible on line 25600 is still eligible for this amount.
Any amount of foreign pension income that is tax-free in Canada because of a tax treaty and income from a United States individual retirement arrangement account are not eligible for the pension income amount.
line 11500
Eligible pension income does not include any of the following income amounts:
- foreign source pension income that is tax-free in Canada because of a tax treaty that allows you to claim a deduction on line 25600
- income from a United States individual retirement arrangement (IRA) account
- amounts from a RRIF included on line 11500 of your return that were transferred to an RRSP, another RRIF or an annuity
If you and your spouse or common-law partner elected to split pension income, follow the instructions at Step 4 of Form T1032, Joint Election to Split Pension Income, to calculate the amount to enter on line 31400 of your and your spouse's or common-law partner's return.
Note
Amounts such as old age security benefits, Canada Pension Plan benefits, Quebec Pension Plan benefits, death benefits, retiring allowances, excess amounts from a RRIF transferred to an RRSP, another RRIF or an annuity, amounts shown in boxes 18, 20, 26, 28 and 34 of your T4RSP slips, and amounts distributed from a retirement compensation arrangement shown on your T4A-RCA slips do not qualify for the pension income amount.
Questions and answers
Answer these questions to find out if you can claim the pension income amount.
Completing your tax return
Complete the chart for line 31400 using your Federal Worksheet and enter the result on line 31400 of your return.
Pension income splitting
If you are electing to split your eligible pension income with your spouse or common-law partner, complete Form T1032, Joint Election to Split Pension Income, to calculate the amount to enter on line 31400 of your return.
Tax tips
You may be able to transfer all or part of your pension income amount to your spouse or common-law partner or claim all or part of their pension income amount. For more information, see line 32600.
Claim the corresponding provincial or territorial non-refundable tax credit that you may be entitled to on line 58360 of your provincial or territorial Form 428.
Doing taxes for someone who died
There may be special considerations when claiming amounts on line 31400 for someone who died.
Forms and publications
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