Chpt 1 taxable allowances & benefits Flashcards
0
Q
In what box and
Is commissions on
A
Box 42 line 102
1
Q
On what box do you find employment income on the T4
A
Box 14. Line 101
2
Q
In what boxing do you find this taxable allowance and benefit is free or subsidized housing meals or board and lodging
A
Box 30
3
Q
What box do you find allowance for travel in prescribed zone
A
Box 32 and 33
4
Q
What box do you find personal use of employers automobile
A
Box 34
5
Q
What box to find interest free or low interest loans
A
Box 36
6
Q
What box do you find stock option benefits
A
Box 38
7
Q
And what box do you find other taxable allowances and benefits i.e. pay for life insurance, provincial health care premiums, vacation trips etc.
A
Box 40