Profile T1 Tax Planner and pension split optimization
Hi
I'm doing a tax plan for a client and I want to determine the optimal amount/potential tax savings for pension split between the couple. I know how to do it when completing the T1 but I was hoping to use that form to review scenarios for the plan. The fields to enter their taxes etc cannot be overridden. Is there a way that I am missing to use the optimization tool while completing scenarios on the Tax Planner?
Profile T1 Tax Planner and pension split optimization
you could use a 2022 tax file, (for planner 2023) and make th echanges on the tax file, then, from the planner, right click on a field, and select copy T1 return
Profile T1 Tax Planner and pension split optimization
Yes that's it. I was hoping that kind of form was connected with the Tax Planner so then I tried overwriting the amounts on a blank sheet and that didn't work. I ultimately started a rough tax return with some of their details in order to use the optimization tool but still interested if there is a way.
Profile T1 Tax Planner and pension split optimization
you could use a 2022 tax file, (for planner 2023) and make th echanges on the tax file, then, from the planner, right click on a field, and select copy T1 return
Profile T1 Tax Planner and pension split optimization
Thanks that's a good option. I was using the 2022 planner for 2023 but didn't make changes to the file. Great solution thanks!
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