Get T4145

Filling out the T4145 form is essential for non-residents of Canada wishing to elect under Section 217 of the Income Tax Act. This guide offers clear and comprehensive instructions to help users navigate each section of the form efficiently.

Follow the steps to complete the T4145 form online.

1. Click ‘Get Form’ button to obtain the form and open it in the editor.
2. Begin with the Identification section. Enter 'Section 217' at the top of page 1 of your return. Complete the identification area according to the instructions provided in the associated tax guide.
3. Proceed to the Income section. Include all eligible Section 217 income paid or credited to you in 2012, as identified in the preceding sections of the document. Also, report any Canadian-source employment or business income that is applicable.
4. Complete Schedule C – Electing Under Section 217 of the Income Tax Act. This schedule is crucial for calculating your eligible income and the amount of non-resident tax that was required to be withheld.
5. In the Deductions section, identify and claim applicable deductions available to you as a non-resident electing under Section 217 as per the tax guide.
6. Calculate your federal tax based on the information you have gathered. Complete Schedule A, Statement of World Income, and use this information to finalize your tax calculation in Schedule 1.
7. Fill in Schedule 1 to determine your federal tax payable. Be sure to consider any non-refundable tax credits that apply, as outlined in the tax guide.
8. Finally, review all information entered. Once verified, you can save changes, download, print, or share the completed T4145 form as needed.

Start filling out your T4145 form online today to ensure your Section 217 election is processed accurately.