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.
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.
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.
I have already paid $1000 any help please
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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