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Quick guide on how to complete t4 tax form

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Instructions and help about t4 slip

Music how to prepare a t4 slip hi my name is Alan Madden for Madden Chartered Accountant today I will explain step by step how to prepare a t4 slip if you are an employer or own your own corporation then this video is meant for you what is a t4 slip a t4 slip report salary and wages paid by a Canadian corporation to its employees in order to prepare a t4 slip you must follow these twelve easy steps step 1 fill in the corporations that is the employers information enter the employers name in the top left box and enter the employers payroll account number in box 54 step 2 fill in the employees information write the employees name and address put the employees social insurance number in box 12 step 3 enter the province of employment if the employee is working in Ontario then the province of employment is Ontario step 4 Music write the year in which the salary was received for example 2016 step 5 determine if the employee is exempt from paying EEI known as employment insurance premiums gen

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