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ianjamesmac
Returning Member

My T4E shows repayment rate of 0 but it increases my balance due when I enter the T4E, as if the repayment rate was 30%. It is for maternity so it is exempt.

 
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My T4E shows repayment rate of 0 but it increases my balance due when I enter the T4E, as if the repayment rate was 30%. It is for maternity so it is exempt.

EI income is not exempt. It is taxable income. And, because very little income tax is deducted from EI benefits, it's common to have a balance owing on that income.

The repayment rate only applies if your total income for the year is over the maximum. In those cases, you actually have to repay a portion of your EI benefits.

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5 Replies

My T4E shows repayment rate of 0 but it increases my balance due when I enter the T4E, as if the repayment rate was 30%. It is for maternity so it is exempt.

EI income is not exempt. It is taxable income. And, because very little income tax is deducted from EI benefits, it's common to have a balance owing on that income.

The repayment rate only applies if your total income for the year is over the maximum. In those cases, you actually have to repay a portion of your EI benefits.

ianjamesmac
Returning Member

My T4E shows repayment rate of 0 but it increases my balance due when I enter the T4E, as if the repayment rate was 30%. It is for maternity so it is exempt.

I guess I was confused between maternity being tax exempt and maternity being exempt from the 30% repayment. So just the difference between income tax and repayment. Sounds like they are two totally different things. Thanks.
mr80khf
New Member

My T4E shows repayment rate of 0 but it increases my balance due when I enter the T4E, as if the repayment rate was 30%. It is for maternity so it is exempt.

I have a T4E and it states " Fill in Repayment Chart if Box 7 is 30%.  The total of lines 21300 and 23400 plus the amount of RSDP Income repayment included on line 23200, minus the total of lines 11700 and 12500 is more than $75,375. 

mr80khf
New Member

My T4E shows repayment rate of 0 but it increases my balance due when I enter the T4E, as if the repayment rate was 30%. It is for maternity so it is exempt.

I have already paid $1000 any help please

My T4E shows repayment rate of 0 but it increases my balance due when I enter the T4E, as if the repayment rate was 30%. It is for maternity so it is exempt.

EI income is not exempt. It is taxable income. And, because very little income tax is deducted from EI benefits, it's common to have a balance owing on that income.

The repayment rate only applies if your total income for the year is over the maximum. In those cases, you have to repay a portion of your EI benefits.

 

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