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
Company    
Year      
Box 10 Province of Employment

Box 14 Employment Income      
Box 16 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      
Box 46 Charitable Donations      
Other Information Code 40 Other Taxable Allowances and Benefits      
Total Marks      

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          
$551,500.00          
$103,600.00          
$1,395,200.00          
$2654.00           

Answer rating: 100% (QA)

Box 10 Province of Employment ON Box 14 Employment Income 5070000 Box 16 Em... View the full answer