Year End

In this question you will need to complete the boxes for a T4 for Martha a Majic employee, using the following information. Enter your answers in the grid provided below the copy of the T4. This would be her 2020 T4.

1. Gross earnings = $63500.00

2. Her taxable benefit for Group term life insurance was $81.50

3.Her taxable benefit for AD&D was $16.25

4.Her employer paid Health and Dental was $440.00

5. Her total Federal and Provincial Taxes were $8825.33

6.Her union dues were $104.00

7.You will need to calculated her CPP and EI deductions.

Description	answer
Company
Year
Box10 province of Employment income
Box14 Employment Income
Box16 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
Other Information- Code/Box #44
Other Information- Code/Box #40

Explain why you would not issue a T4A for Martha