Home
Forms Library
Old age security return of income form

Old age security return of income form 2025

old age security return of income form Preview on Page 1

See details

4 out of 5

22 votes

The document is a 2015 Old Age Security Return of Income form for Canadian residents, requiring personal identification details, marital status, income sources, deductions, and tax calculations. It includes sections for reporting world income, calculating net income, and determining any refund or balance owing. The form emphasizes the importance of accurate information and outlines the consequences of false declarations.

Here's how it works

01. Edit your old age security return of income form online

Type text, add images, blackout confidential details, add comments, highlights and more.

02. Sign it in a few clicks

Draw your signature, type it, upload its image, or use your mobile device as a signature pad.

03. Share your form with others

Send oasri form via email, link, or fax. You can also download it, export it or print it out.

How to use or fill out old age security return of income form with our platform

Ease of Setup

DocHub User Ratings on G2

Ease of Use

DocHub User Ratings on G2

Click ‘Get Form’ to open the Old Age Security Return of Income form in the editor.
Begin by entering your Canadian social insurance number (SIN) and date of birth in the identification section. Ensure that your first and last name are correctly filled out, along with your mailing address.
Indicate if this return is for a deceased person by ticking the appropriate box and providing the date of death if applicable. Select your marital status as of December 31, 2015, from the options provided.
Fill in information about your spouse or common-law partner if you selected married or living common-law. Include their SIN and first name.
Report your world income by filling out each relevant income source, such as Old Age Security pension and other pensions. Add these amounts together to calculate your total world income.
Complete the deductions section by entering any carrying charges and other deductions. Subtract these from your total world income to find your net world income.
Finally, calculate any refund or balance owing based on the old age security recovery tax. Follow the instructions carefully to ensure accuracy before signing and submitting your form.

Start using our platform today for free to easily complete your Old Age Security Return of Income form!

See more old age security return of income form versions

We've got more versions of the old age security return of income form form. Select the right old age security return of income form version from the list and start editing it straight away!

Versions	Form popularity	Fillable & printable
2023	4.9 Satisfied (28 Votes)
2017	4.1 Satisfied (22 Votes)
2015	4 Satisfied (22 Votes)
2013	4.4 Satisfied (24 Votes)

be ready to get more

Complete this form in 5 minutes or less

Get form

Got questions?

We have answers to the most popular questions from our customers. If you can't find an answer to your question, please contact us.

What is the maximum income to qualify for OAS in Canada?

Maximum payments and income thresholds - July to September 2025 Your situationYour annual net income must be I am single, widowed or divorced less than $22,272 I have a spouse/common-law partner who receives a full OAS pension less than $29,424 (combined income of couple)2 more rows

How to report NR4 OAS?

Line 11300 Old age security (OAS) pension Report your OAS pension amount as shown in any of the following boxes: box 16 of your NR4(OAS) slip. box 16 or 26 of your NR4 slip with income code 44 in box 14 or 24.

What is the maximum income to avoid OAS clawback?

Old Age Security is reduced for people with high income through a clawback/recovery provision. The clawback applies if your net income exceeds $93,454. For every $1 of net income above $93,454, the maximum OAS pension is reduced by 15 cents. The maximum OAS pension as of January 2025 is $8,732.

What are the changes to OAS in 2025?

Next payment adjustment October to December 2025 Based on changes in the Consumer Price Index (CPI), OAS benefits will increase by 0.7% for the October to December 2025 quarter, for an increase of 1.7% over the past year, from October 2024 to October 2025.

What is the maximum income to avoid OAS clawback in 2025?

In 2025, the clawback begins when your income exceeds $93,454. For every dollar above that amount, you must repay 15 cents of your OAS. If your income docHubes approximately $151,668 (age 6574) or $157,490 (age 75+), you could lose your entire OAS benefit for the year.

old age security return of income oasri

Old age security return of income form pdf Old age security return of income form 2022 T1136 form OAS Return of Income guide Old Age Security return of income Form 2024 CRA OAS clawback threshold 2025 CRA OAS forms OASRI guide for non residents

How to avoid OAS clawback?

Strategies to Reduce or Avoid the OAS Clawback Use a TFSA for Retirement Income. Manage RRIF Withdrawals. Delay OAS or Split Withdrawals Over Time. Pension Income Splitting. Choose Tax-Efficient Investments. Donate Securities Instead of Cash. Defer Large Income Events. Consider Leveraged Investing.

How to avoid the OAS clawback?

How to reduce your clawback Defer OAS. Sell stocks the year before you collect. Give money to your spouse. Dial in contributions to your RRSP. Maximize deductions against your income. Use a holding company.

What income triggers the OAS clawback?

If you are facing a weak income year in 2025, the OAS clawback could hurt even more. Thus, it is important to plan your retirement benefits and know the 2025 income threshold that can trigger OAS clawback. The 2025 minimum income threshold for OAS is $93,454, and the maximum is $151,668, which could be adjusted later.