2024年6月25日 · Use the total of the amounts shown in boxes 16 and 17 of your T4 slips when you complete Schedule 8 or Form RC381, whichever applies, to calculate the amounts to claim on line 30800 and line 22215 of your tax return.

2024年12月31日 · Information on T4 slips for employers; how and when to complete and distribute the slips, box 45, how to amend, cancel, add, or replace T4 slips; how to correct CPP, EI and salary overpayment errors; and approval of customized forms.

Beginning January 1, 2024, you must begin to calculate the second additional CPP contribution (CPP2) on earnings above the annual maximum pensionable earnings. For more information, …

Note: If you’re a specified employee (meaning you don’t deal at arm’s length with your employer or have significant equity interest in them), you’ll have an amount in box 41 of your paper T4PS. If it’s more than 20% of your annual income, you might have to pay additional tax.

• Box 41 – Employees profit sharing plan contributions If you are a specified employee, use this amount to determine if you have an excess employee profit sharing plan amount and to • Box 35 – Other employment income

Your T4 – Statement of Remuneration Paid reports employment income and deductions, but beyond the common boxes like Box 14 (employment income) and Box 22 (income tax deducted), there are additional boxes that may appear on your slip. Here’s a breakdown of other boxes on a T4 and what they mean:

"Use this guide if you are an employer (resident or non-resident) and you have paid your employees any of the following types of income: employment income; commissions; taxable allowances and benefits; retiring allowances; payments from a wage loss replacement plan either paid directly by you or paid by a third party on your behalf (see “Box ...

This table lists the balances that are required for end-of-year reporting for the T4 slip. Some of them are automatically fed. You must manually establish feeds for the rest of the balances reported on year-end slips. Use balance T4 Box 14 Adjustment to reduce box 14, if required.

T4 slips report the wages, salary, and commission income paid to you by your employer. They also show employer-paid taxable allowances and benefits such as low-interest or interest-free loans, health care premiums, stock option benefits, and profit-sharing.

2024年6月24日 · The portion that you can claim at line 24900 for tax year 2024 depends on which box was used on your T4 slip to report the securities option deduction. For amounts reported in: You can claim this deduction if you disposed of securities for which you had previously deferred the taxable benefit.