Is it correct that Workers Compensation Benefits (T5007) are recorded as a deduction in both lines 22900 and 25000 on my return? This is how it appears automatically.
Is it correct that Workers Compensation Benefits (T5007) are recorded as a deduction in both lines 22900 and 25000 on my return? This is how it appears automatically.
Is it correct that Workers Compensation Benefits (T5007) are recorded as a deduction in both lines 22900 and 25000 on my return? This is how it appears automatically.
Income from the WCB will be reported in Box 10 of theT5007 slip. report the amount on line 14400 of your Income Tax and Benefit Return to calculate your eligibility for any other federal or provincial benefits. Since this income is not taxable, you will deduct it on line 25000.For more information go to the following Link: How to report the WCB income?
You have clicked a link to a site outside of the TurboTax Community. By clicking "Continue", you will leave the Community and be taken to that site instead.
Sign In
Canada (English)
EN
