Jane has worked in the accounting department for ABC Co Inc., 1678 Robie St Halifax NS B4N 2J9 for the last 5 years. 

The company has been in business for over 50 years and employs 72 people. 

Jane earns a salary of $42,000 and a travel allowance of $3000. Jane is given a company owned automobile and the taxable benefit is calculated as $3150.00. She had the following withheld from her salary: 

• CPP $ 2054.25 

• EI $846.00 

• Tax $ 9562.75 

• Union dues $ 650.00 

Jane White is 32 years old and lives at 1234 Willow St, Halifax NS B4N 2Z5. Her SIN is 111222333. 

Required: 

1. What is the deadline for ABC Co Inc have to completed Jane's T4 ? 

2. How must ABC Co Inc. file the T4s for their employees? 

3. Complete the T4 slip for Jane White based on the above information. (Obtain a blank T4 slip from D2L resources site and attach it to your work document) 

4. What should Jane do if she has lost her original T4 before she  files her taxes for that year? What does ABC Co Inc., have to do?

Answer rating: 100% (QA)

Quiz 1 The deadline for ABC Co Inc to have completed Janes T4 is February 28th Quiz 2 AB... View the full answer