Why sign in to the Community?

  • Submit a question
  • Check your notifications
Sign in to the Community or Sign in to TurboTax and start working on your taxes
New Member
posted Feb 18, 2023 8:00:52 AM

Do i have to claim t5007 if it's already included on my t4?

Do I still file theT5007 if it's already included in the T4 slip?

0 1 91
1 Replies
Level 3
Feb 18, 2023 2:40:10 PM

The income shown on the T5007 slip is not taxable, but the recipients must include the amounts in their net income. 

For more information please refer: Canada Revenue Agency

Thank you for choosing TurboTax.