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National Bearings also has offices in British Columbia and is starting to prepare the T4 slips for the employees in those locations. Complete the T4

National Bearings also has offices in British Columbia and is starting to prepare the T4 slips for the employees in those locations. Complete the T4 slip for Crystal Crane, Social Insurance Number 788-444-999, who works in the Vancouver office. The company has a defined contribution registered pension plan.

TOTALS

Regular earnings

$98,000.00

Performance bonus

$15,000.00

Home relocation loan noncash taxable benefit

$ 1,629.63

Employerprovided automobile noncash taxable benefit

$ 8,620.00

Country club membership noncash taxable benefit

$ 5,441.40

Group term life insurance noncash taxable benefit

$ 1,200.00

Employee contributions to a registered pension plan (plan #9876589)

$ 5,800.00

Employer contributions to a registered pension plan

$ 2,900.00

CPP contributions

$ 2,306.70

EI premiums

$ 839.97

Income tax deducted

$59,749.87

EI insurable earnings

$45,900.00

CPP pensionable earnings

$50,100.00

Amount eligible for the home relocation loan deduction

$ 814.90

Charitable donations

$ 2,400.00

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