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Why is the number that I enter on the T-Slips window on the T4 at line 16 not transferred correctly to Line 308 on Schedule 1 of the Federal Tax Form ?
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Why is the number that I enter on the T-Slips window on the T4 at line 16 not transferred correctly to Line 308 on Schedule 1 of the Federal Tax Form ?
Hi cmaruca
It's a CPP calculation. Depending on how much was deducted during the year it depends on what amount will be reflected in line 308 in schedule 1.
Hope this helps!
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Why is the number that I enter on the T-Slips window on the T4 at line 16 not transferred correctly to Line 308 on Schedule 1 of the Federal Tax Form ?
Hi cmaruca
It's a CPP calculation. Depending on how much was deducted during the year it depends on what amount will be reflected in line 308 in schedule 1.
Hope this helps!