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CPP & EI Exempt reporting change Boxes 24 & 26 on T4's

#1 User is offline   Vivian Mitchell Icon

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Posted 01 February 2012 - 08:41 PM

As far as I'm concerned blank=0......but maybe not good enough for CRA? See changes below:


Reporting change for pensionable earnings

"Starting on January 1, 2012 (for the 2011 taxation year), box 26, CPP/QPP pensionable earnings must now be completed on the T4 slip at all times. For more information, see Box 26 - CPP/QPP pensionable earnings."

"If there are no pensionable earnings, enter “0” in box 26. For exempt employment, enter “0” and see box 28."


Reporting change for insurable earnings

"Starting on January 1, 2012 (for the 2011 taxation year), box 24, "EI insurable earnings" must now be completed on the T4 slip at all times. For more information, see Box 24 - EI insurable earnings."

"Enter “0” if there are no insurable earnings. For exempt employment, enter “0” and see Box 28 - Exempt (CPP/QPP, EI, and PPIP."

Profile just leaves a blank for Boxes 24 & 26 if the employee is exempt. Is this something Profile is going to fix, or does it matter? CRA approved our program, I'd guess?
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#2 User is offline   StevenY@Intuit Icon

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Posted 03 February 2012 - 10:15 PM

Hello Vivian Mitchell,

Thank you for posting this issue.
As you pointed out, zero "0" in box 24 and 26 must be reported and printed on 2011 T4 slips (on pre-printed T4 and T4 slip generated by ProFile)
Quite frankly, we missed this. This issue will be fixed in the next FX update which is coming up very very soon.

Hello snowplowguy,

Yes, you are right. If T4 is internet-filed, zeros on box 24 and 26 are correctly transmitted.
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#3 User is offline   Justaguy Icon

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Posted 28 February 2012 - 06:21 PM

Any updates on this?


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#4 User is offline   Justaguy Icon

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Posted 29 February 2012 - 12:05 AM

Thank you.
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