Box 18 – Employee's EI premiums = How much was deducted from your pay for employment insurance (EI) premiums.
Box 24 – EI insurable earnings = How much of your income is used to calculate what you pay for EI premiums. This should be much higher than Box 18.
ex: If your Box 24 was $1000, you should only have about $16.40 in Box 18.
If the number in the boxes are incorrect on your actual T4 slip, then you should contact your employer to get a corrected slip.
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