Your T4 Explained

Box 10

Reports Alberta (AB) as the Province of Employment

Box 12

Reports your Social Insurance Number. Ensure your Social Insurance Number is correct

Box 14

Reports your Employment Income before deductions. This amount includes regular wages, overtime, premium pay, vacation pay, short term disability payments, taxable allowances, the value of taxable benefits and any other taxable earnings

NOTE:  Box 14 also includes amounts reported in the “Other” information section of your T4. The values of the taxable benefits that are recorded are represented by footnote codes for 2019. The following are the main taxable benefit footnote codes used by The City of Edmonton Code 34 and Code 40.

Box 16

Reports the amount of Canada Pension Plan (CPP) contributions deducted from your 2019 remuneration. The maximum employee CPP contribution for 2019 is $2,748.90.
 

Box 18

Reports the amount of Employment Insurance (EI) premiums deducted from your 2019 remuneration. The maximum employee EI contribution for 2019 is $860.22.
 

Box 20

Reports the Registered Pension Plan Contributions for 2019 pensionable service as well as prior pensionable service

Box 22

Reports the amount of Income Tax (Federal and Provincial) deducted from your 2019 remuneration 

Box 24

Reports the EI Insurable Earnings.  The maximum EI insurable earnings amount for 2019 is $53,100

Box 26

Reports the amount of Canada Pension Plan Pensionable Earnings. The maximum CPP pensionable earnings amount for 2018 is $55,900

Box 28

Marked with an “X” if you are exempt from Canada Pension Plan contributions or Employment Insurance premiums. This does not apply to most employees

Box 44

Reports the amount of Union Dues paid

Box 46

Reports the amount deducted for Charitable Donations that is eligible to be claimed as a donation to a registered charitable organization. For 2019, deductions under code CHAR% is reported as charitable donation at 75% of your annual deduction and the remaining 25% applies to the Employee Bursary Fund in your union, which is not tax deductible, therefore, not reported in box 46

United Way charitable payroll deductions under code UW and EPL charitable deductions under code ECD are also reported in Box 46 at 100% of contributions made 

Box 50

Reports the Pension Plan Registration Number for the pension plan in which you participate 

Box 52

Records your Pension Adjustment. This represents the value of your pension for the year 2019 as deemed by Canada Revenue Agency

Other Information

Box 43

Reports the total monthly tax exemption amount while an employee was deployed in International Peacekeeping Operations for the taxation year. This amount is included in Box 14

Code 66

Reports any Eligible Retiring Allowances, including income plan replacement payments, for 2019 (note that taxes deducted from these amounts are included in box 22 Income Tax). These payments are not included in box 14

Code 67

Reports any Non Eligible Retiring Allowances for 2018 (note that taxes deducted from these amounts are included in box 22 Income Tax). These payments are not included in box 14

Code 77

Workers’ Compensation Payments received by the City from Workers’ Compensation on your behalf in the year 2019 for earnings losses 
Note: this box is completed for Edmonton Police Services employees only unless claims adjudicated are from a previous taxation year) 

Code 85

Employee-paid benefit premiums for 2019. An employee may be able to claim their premiums paid for private health services plans as qualifying medical expenses (refer to CRA website for further information)

Other Information

Box 34

City provided vehicles, taxable benefits associated with the personal use of employer's motor vehicle

Other Information

Box 40

Reports the dollar value of employer paid taxable benefits and are included in box 14. The most commonly reported taxable benefits while working for the City of Edmonton are:

• City paid premiums, for group term life insurance
• Reduced rate bus passes, the difference between the regular cost of the pass and the reduced rate offered to employees is considered a taxable benefit by Canada Revenue Agency
• City paid parking, deemed a taxable benefit by Canada Revenue Agency

COVID-19 Information

How to report employment income during COVID-19 pay periods:

For the tax year 2020, in addition to reporting employment income in Box 14 or Code 71, the following new other information codes are to reflect employment income and retroactive payments in the following periods:

Code 57 - Employment income – March 15 to May 9
Code 58 - Employment income – May 10 to July 4
Code 59 - Employment income – July 5 to August 29
Code 60 - Employment income – August 30 to September 26