ATTN RC Accountants: T4 Question

Discussion in 'Reality Check' started by Boots, Feb 19, 2009.

  1. Boots

    Boots
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    My uFile is complaining about the T4 from my previous employer.

    It says:

    Now if I look at the T4, box 26 (CPP-QPP pensionable earnings is in deed about $1000 higher than box 14 (Employment Income)

    I have a pretty straight forward T4 here and my old boss cannot explain the difference. Is this possible? Should I be concerned?
     
  2. Halapine

    Resident frenchy

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    Dunno why you would have something in Box 26. I would just leave it out as it doesn't affect your return. Most times they will put something in your EI insurable earning which is box 24.

    Do you have an amount on box 16, for CPP deductions?
    My opinion would be to just leave it out of Ufile, it wont change anything. I just did my own t axes, and none of my 3 slips have box 26 or 24 filled.
     
  3. Boots

    Boots
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    I have an amount in box 26... both box 24 and 26 have the same number in them... which is weird...on my current T4 box 26 is blank.
     
  4. Halapine

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    Strange, usually your earning reported will be smaller. I would just leave both out, like i stated it wont change anything.
    Did they deduct CPP listed in box 16?
     
  5. Boots

    Boots
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    sorry, yes I have cpp deducted in box 16.
     
  6. Jentay

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    you can ignore it, its ok.
     
  7. Boots

    Boots
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    ok sweet. Thanks guys. I'd like to get the taxes done and filed :D
     

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