Copy code in a Retirement Agreement - Online Editor

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Below are some common questions from our customers that may provide you with the answer you're looking for. If you can't find an answer to your question, please don't hesitate to reach out to us.

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What is line 048?

Fees for services shown in box 048 of your T4A slip must be reported on the applicable self-employment income lines of your return. If they are not included on your T4 slip, report them on line 10400 of your return. It is your responsibility to keep track of the earnings you receive through your employment.

What is box 20 of T4A p?

Box 20 includes any benefits shown in boxes 14, 15, 16, 17, 18 and 19. Do not add the amounts from those boxes to your income on your return. It also includes any recovery of Canada Pension Plan overpayments or payments for arrears.

What is the difference between box 20 and 48 on T4A?

Amounts in box 20 (self-employment commissions) and box 48 (fees for services) of a T4A slip are treated as self-employment income. These amounts should not include any GST/HST paid to you on commissions or fees for services.

What is box 107 on a T4A?

107. Payments from a wage-loss replacement plan. Enter this amount on line 10400 of your return. 108. Lump-sum payments from a registered pension plan (RPP) that you cannot transfer.

Does T4A Box 20 include GST?

Learn more: Lump-sum payments. Report the amount of commissions you paid to an independent agent. Do not include GST/HST or provincial sales taxes in the amount reported in box 020.

What is the box 30 on a T4A?

Amounts in box 30 of your T4A slip are patronage allocations from a cooperative corporation, partnership, sole-proprietorship, or an ordinary corporation.

Where do I report Box 48 of T4A?

On the new page generated, enter the amount shown in Box 048 of your T4A to the line Fees for services (report this amount as a T2125 - Business or Professional income), in box 048.

What is box 28 on a T4A?

If Box 28 on your 2022 T4A statement from CSSB indicates an amount, it likely means you received part of the group life insurance fund surplus. This money was shared among eligible employees and pensioners.

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Copy code in the Retirement Agreement