T4A

[HAP]

Have a T4A issued to me from coaching at a gym but I do not own the company but it won't let me file unless I fill out a T2125 form??? I don't have that info as I just coach there not own the company, how can I submit?

 

Thanks!

[Curmudgeon]

Did you fill in the first box on the T4A form showing who issued the slip?

[Geo123]

Hello HAP,

If the T4A has Box 048 ten complete as follows :

(1.) T4A - T4A - Pension, retirement, annuity and other income Box 048

Go about half way down the page to >>Fees for services (report this amount as a T2125 - Business or Professional income) 048 QC

 

(2) T2125 – Business Income

You must also enter corresponding entry in T2125 >> Self-Employment Income:

T2125 - Business income OR T2125P - Professional income OR T2125C - Commission income

 

*Complete T2125 - Business identification

Name / Address / Fiscal Year (usually Jan 1 – Dec 31)

*Enter in Income/Expenses:

Business income: 

Fees for services (T4A Box 048) (Enter the total if you have more than one amount)

Enter any applicable expenses associated with this T4A Box 48

 

**do not enter in Gross sales, commissions or fees**

 

***Note For QC RL-1: Rl-1 Box G = RZ-RD Fees for services rendered ---> Same as Box 048

[111]

On 3/11/2023 at 5:53 AM, Geo123 said:

Hello HAP,

If the T4A has Box 048 ten complete as follows :

(1.) T4A - T4A - Pension, retirement, annuity and other income Box 048

 

Go about half way down the page to >>Fees for services (report this amount as a T2125 - Business or Professional income) 048 QC

 

 

 

(2) T2125 – Business Income

 

You must also enter corresponding entry in T2125 >> Self-Employment Income:

 

T2125 - Business income OR T2125P - Professional income OR T2125C - Commission income

 

 

 

*Complete T2125 - Business identification

 

Name / Address / Fiscal Year (usually Jan 1 – Dec 31)

 

*Enter in Income/Expenses:

 

Business income: 

 

Fees for services (T4A Box 048) (Enter the total if you have more than one amount)

 

Enter any applicable expenses associated with this T4A Box 48

 

 

 

**do not enter in Gross sales, commissions or fees**

 

 

 

***Note For QC RL-1: Rl-1 Box G = RZ-RD Fees for services rendered ---> Same as Box 048

 

Thank you. You answered my question.

I put the amount originally in "Gross sales, commissions or fees" and did not work.  After I put in the correct box, it works.  😃

[MLB]

I have a T4A issue.  Ufile won’t let me enter my forest industry pension amount.  It immediately says error 

[Geo123]

Hello MLB,

Be sure both fields are completed as in the example below : 
This T4A slip was issued by    [Ma_pension]
 
Pension or superannuation
Registered pension plan   [016]        [$2,000.00]  < - -  -BE SURE both fields are completed