Quote:
Originally Posted by Weitz
Quick question:
I was layed off this past year and on my T4 the "employment income" box does not have all the severance money in it. Just about 25% of it. Should it all be there? should I look into this?
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Look down at the bottom of the T4, there should be a Box 67. Thats the Non-Eligible Retiring Allowance box, thats fancy Government speak for 'Severance.'
Box 14 and Box 67 added together should be your Employment income and Severance for the year.