Currently on LTD, Wage Loss Replacement.
I received a T4A, Box 107 and Box 022.
Before I went on LTD, my employer and I each paid half of the LTD premium.
Just looking for the time period, of LTD premiums I can deduct.
In order for you to claim any contributions to your Wage Loss Replacement Plan against the benefits received, you should have your employer provide you with a letter or statement which shows the amount of "employee paid premiums or contributions". If you have never received benefits from the plan, you can deduct the total amount of contributions you have made since you began paying into it.
Any contributions to the plan which are made on your behalf and included in your income as a taxable benefit can be deducted from the taxable benefits received on your T4A. You can include contributions made for a number of years but must deduct anything from this total amount which you may have previously claimed when you received your benefits.
ligiagee
New Member
dara804488
New Member
graceyue
New Member
dev15
New Member
nlanzag12-gmail-
New Member
You have clicked a link to a site outside of the TurboTax Community. By clicking "Continue", you will leave the Community and be taken to that site instead.