Year-End Slips & Reporting

This section explains the forms, summaries, and reporting language that matter after the payroll year closes. It focuses on the slips employees or recipients receive and the summaries employers prepare behind them.

Start Here

• T4 explains the main Canadian employment-income slip.
• T4 Summary explains the employer-side summary that supports T4 filing.
• T4A explains a different reporting slip that should not be collapsed into the T4.
• Amended T4 explains the correction path when a filed T4 needs updated information.
• Cancelled T4 explains the correction path when a filed T4 should not stand as issued.
• Pension Adjustment explains a year-end reporting amount tied to retirement-plan participation.
• Taxable Benefits Reporting explains how taxable benefit values flow into year-end slips and summaries.

Questions This Section Answers

• How is a year-end slip different from a pay stub?
• Which employer summary supports T4 filing?
• When is a reporting record something other than a T4?
• What is the difference between amending a T4 and cancelling one?
• How do pension adjustments and taxable benefits show up in year-end reporting?

Continue To

• Source Deductions & Remittances for the employer administration that feeds year-end totals.
• Quebec & Provincial Payroll for RL-1 and Quebec-specific reporting context.
• Employment Status, ROE & Termination for ROE language, which serves a different reporting purpose.

In this section

• Amended T4
  What an amended T4 means in Canadian payroll and how a corrected slip differs from an original or cancelled T4.
• Cancelled T4
  What a cancelled T4 means in Canadian payroll and how it differs from correcting a slip with an amended T4.
• Pension Adjustment
  What a pension adjustment means in Canadian payroll reporting and why it appears on year-end slips rather than ordinary pay-period records.
• T4
  What a T4 is, what it reports, and how it connects Canadian year-end payroll reporting to the paycheque records built during the year.
• T4 Summary
  What a T4 summary means in Canadian payroll and how it supports employer-side year-end reporting.
• T4A
  What a T4A means in Canadian reporting and why it should not be confused with a T4.
• Taxable Benefits Reporting
  What taxable benefits reporting means in Canadian payroll and how benefit values flow from payroll records into year-end slips.