The Canada Revenue Agency (CRA) has posted an update on its payroll information website about amending 2011 T4 slips.
Starting January 2012 (for the 2011 tax year), box 24 and box 26 of the T4 slip must always be completed, the website said.
“However, if after filing your 2011 information return, you realize that boxes 24 and 26 were left blank, we do not require an amended slip to correct the information,” the website said. “The CRA will default to the box 14 amount for 2011 T4 slips filed where boxes 24 and 26 are blank.”
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