Question
Question: Year End In this question you will need to complete the boxes for a T4 for Martha a Majic employe... Year End In this
Question: Year End In this question you will need to complete the boxes for a T4 for Martha a Majic employe...
Year End
In this question you will need to complete the boxes for a T4 for Martha a Majic employee, using the following information. Enter your answers in the grid provided below the copy of the T4. This would be her 2020 T4.
1. Gross earings = $63500.00
2. Her taxable benefit for Group term life insurance was $81.50
3.Her taxable benefit for AD&D was $16.25
4.Her employer paid Health and Dental was $440.00
5. Her total Federal and Provincial Taxes were $8825.33
6.Her union dues were $104.00
7.You will need to calculated her CPP and EI deductions.
Description | answer |
Company | |
Year | |
Box10 province of Employment income | |
Box14 Employment Income | |
Box16 Employee's CPP contributions | |
Box 18 Employee's EI premiums | |
Box 22 Income Tax deducted | |
Box 24 EI insurable earnings | |
Box 26 CPP/QPP pensionable earnings | |
Other Information- Code/Box #44 | |
Other Information- Code/Box #40 |
Explain why you would not issue a T4A for Martha
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