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T4 Slips and Other Canadian Income Tax Slips

Common Canadian Income Tax Slips

By , About.com Guide

Around the end of February each year, employers, payers and administrators send out income tax information slips to tell Canadian taxpayers, and the Canada Revenue Agency (CRA), how much income and benefits they earned in the previous income tax year, and how much income tax was deducted. If you don't receive an information slip, you are required to ask your employer or the issuer of the slip for a duplicate copy. Use these tax slips in preparing and filing your Canadian income tax return and include copies with your tax return.

These are common T4 and other tax information slips.

T4 - Statement of Remuneration Paid

T4s are tax information slips prepared and issued by employers to tell you and the CRA how much employment income you were paid during a tax year and the amount of income tax that was deducted.

T4A - Statement of Pension, Retirement, Annuity, and Other Income

T4As are prepared and issued by employers, trustees, estate executors or liquidators, pension administrators, or corporate directors to tell you and the CRA how much of certain types of income they paid you during a tax year and the amount of income tax that was deducted. T4As are used for a variety of different types of income, including pension and superannuation income, self-employment commissions, RESP accumulated income payments, death benefits and research grants.

T4A(OAS) - Statement of Old Age Security

T4A(OAS) slips are tax information slips issued by Service Canada to tell you and the CRA how much old age security income you received during a tax year and the amount of income tax that was deducted.

T4A(P) - Statement of Canada Pension Plan Benefits

T4A(P) slips are tax information slips issued by Service Canada to report how much old age security income you received during a tax year and the amount of income tax that was deducted. Canada Pension Plan benefits include retirement benefits, survivor benefits, child benefits and death benefits.

T4E - Statement of Employment Insurance and Other Benefits

T4AE slips are tax information slips issued by Service Canada to report the gross amount of Employment Insurance benefits paid to you for the previous tax year, the income tax deducted and any amount paid toward an overpayment.

T4RIF - Statement of Income From a Registered Retirement Income Fund

T4RIFs are tax information slips prepared and issued by financial institutions to tell you and the CRA how much money you received out of your RRIF for a given tax year and how much tax was deducted.

T4RSP - Statement of RRSP Income

T4RSPs are tax information slips prepared and issued by financial institutions to tell you and the CRA how much money you withdrew from or received out of your RRSP for a given tax year and how much tax was deducted.

T3 - Statement of Trust Income Allocations and Designations

T3s are tax information slips prepared and issued by financial administrators and trustees to tell Canadian taxpayers how much income they earned from mutual funds and trusts for a given tax year.

T5 - Statement of Investment Income

T5s are tax information slips prepared and issued by organizations which pay interest, dividends or royalties to tell you and the CRA how much investment income you earned for a given tax year. Investment income included on T5 tax slips includes most dividends, royalties and interest from bank accounts, accounts with investment dealers or brokers, insurance policies, annuities and bonds.

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