Posts tagged with: #tax

How to fix mistake on the T4A slip?

If you find an issue on your T4A slip, call the CRA right away to resolve it. Call the CRA For any of the following: your T4A slip shows an incorrect amount the amounts you repaid before December 31, 2021,...

T4A tax slips for COVID-19 benefits

You will get a T4A slip if you received any amounts from the following COVID-19 benefits: Canada Emergency Response Benefit (CERB) with the CRA Canada Emergency Student Benefit (CESB) Canada Recovery Benefit (CRB) Canada Recovery Caregiving Benefit (CRCB) Canada Recovery Sickness Benefit...

How CRB affects your income tax

How CRB is taxed After the CRA withholds a 10% tax at source, the actual payment you get is $900 per 2-week period for up to 21 periods. If you have already applied for 21 periods, or are applying for...