Pension splitting is the process of taking some of one spouse’s pension income and then allocating it to the other spouse. It’s important to note that this income is moved on paper only—there's no need to physically hand over any money to your partner.
Please follow the below steps to Split pension in TurboTax Online:
1. SelectFind(or the magnifying glass icon)
2.Enterpensioninto the search bar, selectPension split with your spousefrom the list of results, and then selectGo
3. Select whose pension you'd like to split (make sure you've entered income information for both you and your spouse). If you’re a Québec resident, a similar screen will appear next to where you’ll be asked to enter the Québec amount to split with spouse
4.Fill out all required information (if filing separately, you'll need your T1032 form), then select Continue