Get T4ps

The T4ps form is essential for reporting allocations and payments under an employee profit sharing plan. Understanding how to accurately complete this form online can streamline the process of managing employee compensation.

Follow the steps to fill out the T4ps accurately.

1. Press the ‘Get Form’ button to access the T4ps form and open it in your online editor.
2. Fill in the employer's name in the designated field at the top of the form.
3. Enter the year for which the form is being completed in the 'Year' field.
4. Input the payroll account number, ensuring it is accurate to maintain proper records.
5. Complete the employee's name and address section, including their last name in capital letters, first name, and initials.
6. Fill in the social insurance number of the employee in the specified field.
7. Report the actual amount of eligible dividends and taxable amounts in their respective fields, ensuring correct values are entered.
8. Enter the amounts for dividends other than eligible dividends in the appropriate boxes, followed by filling in the corresponding tax credits.
9. If applicable, report any capital gains or losses in the designated sections, ensuring to follow the guidelines for capital reporting.
10. Complete the sections regarding foreign income, including non-business income, capital gains, and taxes, if relevant.
11. If the employee is a specified employee, indicate this in the proper field.
12. Review all entered data for accuracy and completeness before finalizing.
13. Once all information is complete and accurate, proceed to save, download, print, or share the form as needed.

Ensure your T4ps is filled out online accurately and efficiently; complete your document today.