LIRA transfer upon death to surviving spouse
Does anyone have experience entering the transfer of a LIRA to a surviving spouse as the pension partner owner? (This is Alberta context but I believe other provinces have similar rules?) I understand this should occur on a tax-deferred basis. For my particular client, similar to an RRSP, I have a T4RSP showing the refund of premiums. However there is no equivalent of an RRSP contribution slip so currently on the tax return the entire amount is taxable, when it should be tax-deferred. Do I need to somehow manually enter the transfer to a LIRA to offset the income inclusion?
