Slips

Tax slips summarize income, deductions, or benefits that must be carried into a return or kept in your records.

What Belongs Here

Use this subsection when the question starts with a slip name or a box amount, rather than with the full return calculation.

Most slips used by individuals are received by the end of February, although some slip families arrive later. This subsection is the right place when the practical question is, “What does this document mean?” rather than, “How is my final tax bill calculated?”

Best Starting Pages

Use these pages when the question starts with a named slip or with amounts shown on a slip.

• Tax Slip
• T4 Slip
• Releve 1 Slip
• T4A Slip
• T5 Slip

Compare Common Slips

Practical Reader Path

Once you identify the slip, the next useful step is usually to connect it to the workflow that produced it.

• Employment reporting: T4 Slip, Releve 1 Slip, and Payroll Deduction
• Other income reporting: T4A Slip and Self-Employment and Small Business
• Investment income reporting: T5 Slip and Investment and Capital Gains

In this section

• T4 Slip
  The T4 slip reports employment income and payroll deductions for use on the personal return.
• T4A Slip
  The T4A slip reports various non-employment amounts such as pension, commission, scholarship, or other income.
• T5 Slip
  The T5 slip reports investment income such as interest and dividends for personal tax reporting.
• Tax Slip
  Tax slips report income or deduction information that feeds into a return but does not replace the return itself.