2023年10月18日 · CPP2 and QPP2 reporting obligations in boxes 16A and 17A start for T4 slips issued for the 2024 tax year. Boxes 16A and 17A should be left blank for T4 slips issued for the 2023 tax year and in any subsequent year when an employee does not make any CPP2 or …

T4 slips are used to report an employee’s income, deductions and other information required by law. 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, go to T4 slip – Information for employers.

2024年1月1日 · As a result of the CPP enhancement, the CRA has created the following new boxes on the T4 slip to report the second CPP contribution. Effective January 1, 2024 (2023 tax year), employers will use the following new boxes: 16A: Employee’s second CPP contributions 17A: Employee’s second QPP contributions

2024年12月31日 · A T4 slip identifies all of the remuneration paid by an employer to an employee during a calendar year. You can get a Form T4 slip in a PDF or PDF fillable/saveable format to file on paper.

Employee’s CPP contributions should be reported in Box 16 of the T4, and any CPP2 contributions should be reported in Box 16a. If you did not deduct CPP2, then do not report an amount in Box 16a.

Box 16A is the new box on T4 begin in 2024. This is to report the new employee’s Second Additional CPP contribution. Beginning January 1, 2024, any employee who contributes to the CPP will make CPP2 contributions if and when their annual income surpasses the first earnings celling. The maximum pensionable earnings in 2024 is $68,500.

6 天之前 · Boxes 16A and 17A should be left blank for T4 slips issued for the 2023 tax year and in any subsequent year when an employee does not make any CPP2 or QPP2 contributions. For more information on the CPP2 or QPP2 contribution rates and calculations, or the CPP enhancements in general, please visit canada.ca/cpp-enhancement.

2023年10月18日 · CPP2 and QPP2 reporting obligations in boxes 16A and 17A start for T4 slips issued for the 2024 tax year. Boxes 16A and 17A should be left blank for T4 slips issued for the 2023 tax...

2024年6月25日 · Boxes 16A and 17A – Employees’ second CPP/QPP contributions Report the amount of second CPP or QPP contributions you deducted from the employee’s additional pensionable earnings.

2025年2月24日 · CPP/QPP contributions or pensionable earnings have been entered incorrectly. Check the amounts entered on your T4; particularly boxes 10, 14, 16, 16A, 17, 17A, 26, and 28. If the information entered matches your slips, please contact TurboTax support at https://support.turbotax.intuit.ca/contact/