dmangal Posted April 11 Report Share Posted April 11 I'm trying to add my amount in box 41, however, it's not generating the RC359. If you are a specified employee (box 40 of the T4PS slip = "Yes") and contributions your employer made to an employees profit-sharing plan (EPSP) are allocated to you (box 41 of the T4PS slip > 0$), you may have to pay tax on the amount that is considered an excess amount. This section generates the RC359 - Tax on Excess Employees Profit-Sharing Plan Amounts for 2022 form and will calculate the excess EPSP amount and the related taxes. Quote Link to comment Share on other sites More sharing options...
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