Friday, May 15, 2020

T4A(OAS) Tax Slips for Canadian Income Tax Returns

A Canadian T4A(OAS) tax slip, or Statement of Old Age Security, is issued by Service Canada to tell you and the Canada Revenue Agency (CRA) how much old age security income you received during a tax year and the amount of income tax that was deducted. Deadline for T4A(OAS) Tax Slips T4A(OAS) tax slips must be issued by the last day of February the year after the calendar year to which the T4A(OAS) tax slips apply. Sample T4A(OAS) Tax Slip This sample T4A(OAS) tax slip from the CRA site shows what a T4A(OAS) tax slip looks like. For more information on what is included in each box on the T4A(OAS) tax slip and how to deal with it when filing your income tax return, click on the box number in the pull-down menu  above the sample T4A(OAS) tax slip. Filing T4A(OAS) Tax Slips With Your Income Tax Return When you file a paper income tax return, include copies of each of the T4A(OAS) tax slips you receive. If you file your income tax return using NETFILE or EFILE, keep copies of your T4A(OAS) tax slips with your records for six years in case the CRA asks to see them. Missing T4A(OAS) Tax Slips If you do not receive your T4A(OAS) tax slip, contact Service Canada at 1-800-277-9914 during regular business hours. You will be asked for your Social Insurance Number. Even if you havent received your T4A(OAS) tax slip, file your income tax return by the deadline anyway to avoid penalties for filing your income taxes late. Calculate your OAS income and any related deductions and credits you can claim as closely as you can using any information you have. Include a note saying what you have done to get a copy of the missing T4A(OAS) tax slip. Include copies of any statements and information you used in calculating the income and deductions for the missing T4A(OAS) tax slip. Viewing and Printing T4(OAS) Tax Slips Online If you wish to view and print your T4(OAS) tax slips online, you can make arrangements through the My Service Canada Account. For detailed information, see the following Service Canada pages: Get Your Tax Information Slips Online, andTax Information Slips in My Service Canada Account. Other T4 Tax Information Slips Other T4 tax information slips include: T4—Statement of Remuneration PaidT4A—Statement of Pension, Retirement, Annuity, and Other IncomeT4A(P)—Statement of Canada Pension Plan BenefitsT4E—Statement of Employment Insurance and Other BenefitsT4RIF—Statement of Income From a Registered Retirement Income FundT4RSP—Statement of RRSP Income

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