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Prepare the T4s for (2) two Employees Year to Date totals for taxation year 2020 Linda Lacey Jack Johnson Regular Earnings $45,000.00 $85,000 Vacation Pay

  1. Prepare the T4s for (2) two Employees

Year to Date totals for taxation year 2020

Linda Lacey

Jack Johnson

Regular Earnings

$45,000.00

$85,000

Vacation Pay

$800.00

0.00

Employer-paid group term life non-cash taxable benefit

$150.00

$250.00

Charitable donation

$ 100.00

0.00

RPP employee contribution

$50

$200

Car allowance

$150.00

0

Bonus

$500.00

$2300.00

RPP employer contribution

$50

$200

Union dues

$30

$40

CPP contribution

$700.00

maximum

EI premium

$556.36

maximum

Income Tax

$5,685.20

$7,200.00

EI insurable earning

$30,800.00

maximum

CPP Pensionable Earnings

$30,950.00

maximum

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  1. What are Non-Statutory Deductions? Give 2 examples.

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