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Income reported on my T4A slip is incorrect. Should I adjust the amount when filing my taxes or leave it so that it matches CRA's records (and correct later)?

 
3 Replies

Income reported on my T4A slip is incorrect. Should I adjust the amount when filing my taxes or leave it so that it matches CRA's records (and correct later)?

Have you informed the slip provider that the T4A is incorrect according to your records?

Income reported on my T4A slip is incorrect. Should I adjust the amount when filing my taxes or leave it so that it matches CRA's records (and correct later)?

I only just discovered this, and I have to submit my taxes before I can sort this out.  My plan is to submit the incorrect (higher) amount shown on the T4A at the moment and adjust it later.

Income reported on my T4A slip is incorrect. Should I adjust the amount when filing my taxes or leave it so that it matches CRA's records (and correct later)?

Submit using the higher amount(between the T4A and the actual amount) and yes, once you have received the amended slip, file an adjustment.

https://turbotax.community.intuit.ca/replies/2647992