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Where do I input my T5007 amount on my form? Is there a seperate tax form for that?

Do I add my T5007 amount to my T4 amounts?
1 Reply

Where do I input my T5007 amount on my form? Is there a seperate tax form for that?

No, you can't enter amounts from the T5007 Statement of Benefits into a T4 Statement of Remuneration Paid slip. 

 

To enter your T5007 in TurboTax Online, search for “T5007” on the Tax Home page (2024 tax return on the left), and select “T5007 Statement of Benefits”.

 

To enter your T5007 in TurboTax Desktop in EasyStep Mode, select Income & Expenses, then T-Slips from the left side menu. Check off the T5007 and then click the Continue button until you get to the T5007 page.

 

If you are using TurboTax Desktop in Forms Mode, you can search for “T5007” by clicking on the Forms icon in the blue icon bar.

 

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