Employment income, which is usually
reported in box 14 of a T4 slip and should be reported on line 10100
(line 101 prior to 2019) of
the income tax return, includes:
salary
wages
tips
bonuses
commissions (line 10200, but included in line 10100)
honoraria (generally paid in relation to an academic activity)
Other types of employment
income, which may not be on a T4 slip, or may be in box 30 of a T4
slip, and should be reported on line 10400 (line 104 prior to 2019) of the tax return, include:
tips or occasional employment earnings not
included on a T4
royalties from a work or invention, if there
are no associated expenses. If there are
associated expenses, the net income is
reported as self-employment income
amounts received under a guaranteed annual
wage plan
taxable benefit for group life insurance
premiums paid by your former employer
amounts received from an employee
profit-sharing plan
Line
10400 Other Employment Income in Canadian Income Tax & RRSP Savings
Calculators
This income should be included with Line 10100 employment
income in the Canadian Income Tax
& RRSP Savings Calculators. However, do not include it in the insurable or
pensionable income amounts below the employment income line.
Canada Employment Amount Tax Credit
The Canada
Employment Amount tax
credit is available on up to $1,000 of employment income for 2007 and later
years, at the lowest personal income tax rate. The $1,000 is
indexed for inflation each year after 2007. See the tables of non-refundable
tax credits for the applicable amount in each year.
Self-Employment Income
Self-employment income is
not included in
employment income, and is not included in the calculation of the
Canada Employment Amount tax credit. It is, however, included in
earned income for purposes of calculating the RRSP
contribution limit.
Withholdings From Employment Income
Employers are required to withhold income tax,
Employment Insurance and Canada Pension Plan
premiums, and remit them to Canada Revenue
Agency. See our CPP/EI
page for details and rates on CPP and EI. To
calculate how much tax, CPP and EI you will pay on
your annual employment income, use the tax
calculator for your province/territory. Go
to the Tax Rates page
and choose the link to your province.