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When to issue. If you are an employer (resident or non-resident) and you paid your employees employment income, commissions, taxable allowances and benefits, fishing income, or any other remuneration, you must issue a T4 slip if any of the following apply: You deducted CPP/QPP, EI, PPIP, or income tax from remuneration paid to your employee.
When and how to file, original, amended and canceled information slips electronically (for example, T4, T4A, T5, and other type of returns), including how to use Web Forms. Filing electronically lets you: Get confirmation within minutes. File securely. Make changes.
Feb 19, 2024 · Update your tax software. Tax software must be certified by NETFILE every year. Check the software list above to confirm that your software is certified for the year you need. If you are using uncertified software or an older version of the software, you may need to update or download a certified version from the developer.
Mar 8, 2021 · For 2020, four new boxes were added in the Other Information area of the T4, normally where you might see an amount for box 40 for a taxable benefit, for example. The four new boxes, boxes 57, 58, 59, and 60, all correspond to the CERB periods in 2020. The CRA has required employers to advise on what portion of their employees’ employment ...
- T4A Box
- 198
- 197
- 199
Once is enough. We understand that T4/T5 are likely not the only returns you file, and having information you’ve included in other returns feed through to the T4/T5 is ideal. To that end, the information from your T1, T2/CO-17, and T3 modules in ProFile will carry across. Less data entry is always a good thing.
- $425
- ProFile
Jan 11, 2024 · You can find the T4 Summary form on the CRA website. Your T4 Summary must be filed with the CRA by the last day of February of the following year. If you miss the filing deadline, you might be penalized by the CRA. If you file more than 5 T4 slips for a calendar year, they must be submitted electronically. For further details, visit Employers ...
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Here are some awesome features that are included in our BASIC 2020 tax software: . Handles simple and complex tax scenarios – Regardless of whether you need to file a simple return with just a T4 slip or have a complex return with self-employment income, investments, and/or rental income, our FREE software has you covered.
