2024年12月23日 · A T4A-RCA slip identifies the amounts distributed during a calendar year to a person from a retirement compensation arrangement (RCA), as a beneficiary of the RCA or if they sold an interest in it. The slip also shows the income tax that was deducted from the amounts distributed to the person.

A T4A-RCA slip identifies the amounts distributed during a calendar year to a person from a retirement compensation arrangement (RCA), as a beneficiary of the RCA or if they sold an interest in it. The slip also shows the income tax that was deducted from the …

The T4A-RCA Summary (T4A-RCA-SUM) represents the total of the information reported on all of the T4A-RCA slips you prepared for each recipient for the calendar year. You can get a Form T4A-RCA-SUM in a PDF or PDF fillable/saveable format to file on paper.

As an owner-manager, you may be able to use an RCA to reduce the purchase price of your business prior to the sale or transfer of your business, subject to the reasonability of the contributions. The company may use an RCA to fund severance payments. The full amount of the contribution is immediately deductible to the employer.

Your T4A-RCA slip reports the amounts distributed to you from a retirement compensation arrangement (RCA), as a beneficiary of the RCA or if you sold an interest in it. The slip also shows the income tax that was deducted from the amounts distributed to you.

For information on how to complete T4A-RCA slips, see the T4041, Retirement Compensation Arrangements Guide. Distribution of T4A-RCA slips • Attach one copy of each T4A-RCA slip to the completed T4A-RCA Summary. Send the slips, summary and payment for any balance owing, no later than the last day of February, to: RCA Unit Winnipeg Tax Centre

T4A-RCA slip, Statement of Distributions from a Retirement Compensation Arrangement (RCA), showing the amount of distributions and the income tax deducted. The beneficiary reports the amount distributed as income and claims the income tax deducted on his or her income tax and benefit return for the year it is received. Annuity contract

Learn about the T4A slip, a document for reporting various income types like self-employed commissions, pensions, and educational assistance payments. Discover key details on how to fill out, when to issue, and essential reporting codes.

T4A-RCA – Statement of Distributions from a RCA. If the individual disposed of an interest in a retirement compensation plan (RCA), you have to include the amount received (box 18) on line 13000 of his income tax return.

For help with completing Form T3-RCA, Retirement Compensation Arrangement (RCA) Part XI.3 Tax Return, and for information on the Employer responsibilities and Custodian responsibilities, call the CRA at 1-800-959-8281. The contributions made by the employer to the custodian are taxable under Part XI.3 of the Act.