Income reported on my T4A slip is incorrect. Should I adjust the amount when filing my taxes or leave it so that it matches CRA's records (and correct later)?
031682
3 Replies
TurboTaxJennifer
Level 11
Oct 30, 2019 5:05:39 PM
Have you informed the slip provider that the T4A is incorrect according to your records?
lozashworth
New Member
Oct 30, 2019 5:05:40 PM
I only just discovered this, and I have to submit my taxes before I can sort this out. My plan is to submit the incorrect (higher) amount shown on the T4A at the moment and adjust it later.
TurboTaxJennifer
Level 11
Oct 30, 2019 5:05:42 PM
Submit using the higher amount(between the T4A and the actual amount) and yes, once you have received the amended slip, file an adjustment.