T4A slip

Notice about Box 48
|payroll-reporter.com|Last Updated: 03/28/2011

The T4A slip redesign involved assigning unique box codes to each of the different income types previously reported in Box 28 — other income.

Payments for fees for services were assigned to Box 048. Until such time as the Canada Revenue Agency undertakes a review for the purposes of clarifying the types of fees for services that are to be reported on the T4A slip, taxpayers will not be penalized for failing to complete Box 048.

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