m here to assist you with preparing Brett's T4 slip for 2024. Let's go through the steps: Step 1 - Complete Box 14 (Employment income): This box should include the total of all earnings from employment plus all applicable taxable benefit values. Box 14=Regular salary+Vacation pay+Bonus+Taxable benefits Box 14=$104,750.00+$10,056.00+$20,950.00+$3,275.75+$804.48+$150.84+$600.00 Box 14=$140,587.07 Step 2 - Complete Box 16 (CPP contributions): Report the total CPP contributions withheld on the Year's Maximum Pensionable Earnings (YMPE) for the year. Box 16=CPP contributions+Second CPP contribution Box 16=$3,867.50+$188.00 Box 16=$4,055.50 Step 3 - Complete Box 16a (Employee registered pension plan contributions): This box should report the total amount of the employee's contributions to the registered pension plan. Box 16a=Employee registered pension plan contributions Box 16a=$5,237.50 Step 4 - Complete Box 18 (EI premiums): Report the total EI premiums withheld. Box 18=EI premiums Box 18=$1,049.12 Step 5 - Complete Box 20 (RPP contributions): This box should report the total amount of the employer's contributions to the registered pension plan. Box 20=Employer registered pension plan contributions Box 20=$2,618.00 Step 6 - Complete Box 22 (Income tax deducted): Report the total federal plus provincial income tax for the year. Box 22=Income tax Box 22=$31,138.57 Step 7 - Complete Box 24 (EI insurable earnings): Report the total amount of insurable earnings for EI. Box 24=Insurab