A T4 slip identifies all of the remuneration paid by an employer to an employee during a calendar year.

Dec 31, 2024 · 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.

Jan 21, 2025 · Information about how to get a copy of your personal income tax slips such as your T4, T5, T3 forms, from the Canada Revenue Agency (CRA).

Jan 17, 2024 · The T4 tax form, also known as the Statement of Remuneration Paid, identifies earned income for salaried employees. Employees should receive a T4 from their employer every new year to show how much they made during the previous calendar year.

Jan 17, 2024 · This article will explain what a T4 slip is, the timeline for receiving it, how to decipher the key boxes that detail your employment income and deductions, and options for accessing your slip information through the Canada Revenue Agency (CRA) website if you don't receive it from your employer.

Jan 5, 2021 · All the three T4, T4 A and T5 slips represent the income you have earned in a year as an employee, through commission, interest or a scholarship fund. All slips are compulsory to include to completely file your tax return.

Mar 25, 2022 · The T4A is also known as a Statement of Pension, Retirement, Annuity, and Other Income. It’s more of a catch-all slip that includes amounts or income categories that don’t appear on other slips. Put simply, it records income that doesn’t show up on a traditional employer-employee paycheque.

For Form T4, report Box 14 as foreign employer compensation. For Form T4A-NR, there are two important amounts to report: Box 18 Gross income - report as foreign employer compensation. Box 20 Travel expenses - if more was reimbursed than what was expended, report the difference as Other Income.

Jan 23, 2025 · A T4 slip, or Statement of Remuneration Paid, is a document that summarizes all of the money paid by an employer to an employee during a calendar year. Most employers send your T4 electronically by February. Using Auto-fill my return you can directly import tax slips from the CRA to TurboTax.

Dec 6, 2023 · T3 slips are issued for income from trusts, while T4 slips are for employment income. T4A slips report pension, retirement, annuity, and other types of income, and T5 slips cover investment income. Taxpayers use these slips to …