Quote:
Originally Posted by Locke
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.
|
Thanks for that I see that now. I’m still trying to figure out why I owe so much in taxes because based on my pay slips the tax should be roughly what I should have owed on some basic calculations. Turbo tax is claiming I owe $7000 additional lol.
I think I’ll just fire all my stuff to my brother who is a tax cpa and have him deal with it.