Question
Year End In this question you will need to complete the boxes for a T4 for Marijke using some of the following information. Enter your
Year End In this question you will need to complete the boxes for a T4 for Marijke using some of the following information. Enter your answers in the grid provided below the copy of the T4. This would be her 2019 T4. Gross earnings = $50700.00 Her taxable benefit for Group term life insurance was $81.50 Her taxable benefit for AD&D was $16.25 Her employer paid Health and Dental was $440.00 Her total Federal and Provincial Taxes were $8825.33 Her donations to a charity were $104.00 You will need to calculate her CPP and EI deductions using 2019 rates. The 2019 rate for CPP is 5.1% and EI is 1.62%.
Description Answer Mark Company /1 Year /1 Box 10 Province of Employment /1 Box 14 Employment Income /1 Box 16 Employees CPP contributions /1 Box 18 Employees EI premiums /1 Box 22 Income Tax deducted /1 Box 24 EI insurable earnings /1 Box 26 CPP/QPP pensionable earnings /1 Box 46 Charitable Donations /1 Other Information Code 40 Other Taxable Allowances and Benefits /1 Total Marks /11
Part D
WSIB In the boxes provided please include the frequency of the WSIB payment and the date it would be due.
Assessable Earnings Frequency of Payment Due Date Mark $65,400.00 /2 $551,500.00 /2 $103,600.00 /2 $1,395,200.00 /2 $2654.00 /2
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