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ck229
Returning Member

Why won't the one time senior's payment of 500 on a T4A show up as taxable income?

I have a T4A for 500 for the one time senior's payment - since it is taxable income I enter it as my second T4A from box 205 but it show in the summary as taxable iincome
1 Reply

Why won't the one time senior's payment of 500 on a T4A show up as taxable income?

The T4A Summary page only shows the amounts in Box 16 & Box 28. Your amount in Box 205 will not show up on the T4A summary, though it is still included as part of your return.