Advise earnings with T/C 91. Federal Tax: System uses annualized tax calculation Quebec Provincial Tax calculated @ a flat 9% without referencing the tax switch (DS05): Additional Tax (DA05) Tax exemption (DB05) Advised amounts over-ride the calculation system’s Separate Payment Codes Separate Pay (code 52) Creates a separate payment Pay period Federal and Quebec tax Advised deductions over-ride system calculations Use deduction schedule 6 (unless other schedule # advised) in deduction priority order. Separate Pay-Ann Tax (code 91) Creates a separate payment Annualized Federal tax 9% Quebec tax Advised deductions over-ride system calculations Uses deduction schedule 6 for deductions 01 to 06 only Earnings that are programmed to report in Boxes 16, 18 or 20 are taxable. T4A-RCA Recipient Fields Employee Box Workforce Now Fields Mnemonic Canadian Social Insurance Number 24 SINO 9 digit numeric Value: 22 YD04 Federal Income Tax Deducted from the RCA payment Personal Tax Exemptions DB04/DB05 As per the forms TD1, TD1xx (xx = Province) and TP-1015.3. DB04 = Federal credit, governments’ DB05 = Provincial credit. Quebec Provincial Tax deducted YD05 Stores all Quebec Provincial Tax deducted from normal pension payments (prints on RL2) and
Advise earnings with T/C 91. Federal Tax: System uses annualized tax calculation Quebec Provincial Tax calculated @ a flat 9% without referencing the tax switch (DS05): Additional Tax (DA05) Tax exemption (DB05) Advised amounts over-ride the system’s calculation Separate Payment Codes Separate Pay (code 52) Creates a separate payment Pay period Federal and Quebec tax Advised deductions over-ride system calculations Use deduction schedule 6 (unless other schedule # advised) in deduction priority order. Separate Pay-Ann Tax (code 91) Creates a separate payment Annualized Federal tax 9% Quebec tax Advised deductions over-ride system calculations Uses deduction schedule 6 for deductions 01 to 06 only Earnings that are programmed to report in Boxes 16, 18 or 20 are taxable. T4A-RCA Recipient Fields Box Employee Mnemonic Workforce Now Fields 24 SINO Canadian Social Insurance Number Value: 9 digit numeric 22 YD04 Federal Income Tax Deducted from the RCA payment DB04/DB05 Personal Tax Exemptions As per the governments’ forms TD1, TD1xx (xx = Province) and TP-1015.3. DB04 = Federal credit, DB05 = Provincial credit. YD05 Quebec Provincial Tax deducted Stores all Quebec Provincial Tax deducted from normal pension payments (prints on RL2) and
T4A_RCA.docx