Canada Revenue Agency
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Line 115 - Annuity and registered retirement income fund (RRIF), including life income fund, payments
An annuity is a plan that makes payments to you on a regular basis. It might be a general annuity, a payment from a registered retirement income fund (RRIF), or a variable pension payment. These payments are part of your total income and are reported on your tax return.
Annuity payments are shown on the following slips:
- T4A, Statement of Pension, Retirement, Annuity, and Other Income
- T4RIF, Statement of Income from a Registered Retirement Income Fund
- T5, Statement of Investment Income
Annuity, RRIF, and variable pension payments can be reported on different lines on your return depending on your situation.
If there is an amount in box 18 of your T4RIF slips, see the section called "Amounts From a Deceased Annuitant's RRIF" in Guide T4040, RRSPs and Other Registered Plans for Retirement.
If there is an amount in brackets in box 22 of your T4RIF slips, enter it on line 232.
You may be able to claim the pension income amount depending on the type of pension or annuity payments you report on line 115. See Line 314.
Completing your tax return
If you are 65 or older on December 31, 2011, or received the annuity or RRIF because your spouse or common-law partner died, enter on line 115:
- the amount shown in box 016, 024 or 133 of your T4A slips;
- the amount shown in boxes 16 and 20 of your T4RIF slips; and
- the amount shown in box 19 of your T5 slips.
Otherwise:
- Enter on line 130, the amount shown in box 016, 024 or 133 of your T4A slips.
- Enter on line 130, the amount shown in box 16 and 20 of your T4RIF slips (if there is an amount in box 18 or 22 of your T4RIF slips, see the instructions on the back of the slip).
- Enter on line 121, the amount shown in box 19 of your T5 slips.
Forms and publications
- General Income Tax and Benefit Package - Guide, return and schedules
- Guide T4040, RRSPs and Other Registered Plans for Retirement
- Pamphlet P119, When You Retire
- Schedule 4, Statement of Investment Income
- IT-517, Pension Tax Credit
- IC78-18, Registered Retirement Income Funds
