The pension adjustment (PA) amount is reported on line 206 of your tax return. The PA can be found in box 52 of your T4 slip or box 34 of your T4A slip.

Do not include the PA amount in your income, and do not deduct it on your return. Simply enter this amount on line 206. We will use it to calculate your registered retirement savings plan (RRSP) deduction limit, which we will show on your notice of assessment or notice of reassessment or T1028, Your RRSP Information for 2011.

If you forget to report your PA, your RRSP deduction limit will be overstated for the following year, and you may have overcontributed to your RRSP.

You can request an adjustment to your return to include the PA in one of several ways. You can use the T1ADJ, T1 Adjustment Request, write us a detailed letter explaining the requested change, or request the adjustment through our Website.

The adjustment may result in a change to the following year's RRSP deduction limit and therefore reduce the amount allowed as a deduction at line 208.