Overview of T4A tax slip: Statement of Pension, Retirement, Annuity, and Other Income, including box numbers for all income sources on T4A slip.

Dec 1, 1982 · A T4A slip identifies amounts paid during the calendar year for certain types of income from many different sources including self-employed commissions and RESP educational assistance payments. You can get a Form T4A in a PDF or PDF fillable/saveable format to …

Jan 26, 2022 · What is a T4A Tax Form? The T4A tax form is a slip that identifies the amounts paid to you during the calendar year for certain types of income from many different sources. This might include income from self-employment, pensions, annuities, scholarships, grants, retirement allowance, and more.

Oct 13, 2022 · What is a T4A Slip? The T4A slip is a form used to report a statement of pension, retirement, annuity, and other income. The tax T4A covers all income types, especially those not included in other tax slips. It reports all applicable income and deductions.

Simply choose the option for Box 105 on your T4A income, which applies to full-time students to make sure you’re not paying taxes on this tax-exempt income. With part-time students, some or all of your T4A scholarship/bursary income may be exempt .

Learning what a T4A slip is one of the first steps to understanding your taxes. Dubbed by many as the “Junk Drawer” of tax slips, if you received an income that doesn’t fit within any bracket on your T4 slip, it probably belongs on the T4A slip. That, or you work for yourself.

Box 028, Other income – Amounts not reported anywhere else on the T4A slip. See line 13000 and lines 13499 to 14300 in your tax guide. Box 030, Patronage allocations – Enter this amount on line 13000. Do not report the amount if it was for goods or services you consumed and for which you cannot deduct the cost when you calculate your income.

Mar 4, 2013 · What is a T4A? Like all Canadian tax slips beginning with “T4”, a T4A reports income you earned. It’s something like a catch-all slip for income that isn’t reported on other kinds of slips, so it’s easier to list what the T4A does NOT report. A T4A does NOT report income that:

Amounts in box 20 (self-employment commissions) and box 48 (fees for services) of a T4A slip are treated as self-employment income. These amounts should not include any GST/HST paid to you on commissions or fees for services.

Oct 26, 2024 · Learn about the T4A slip in Canada, including what it is, the types of income it covers (like freelance, pension, and scholarships), and how to use it for tax filing. Discoveringly’s guide helps you understand why you receive a T4A and how to report it accurately on your Canadian taxes.