T4A(P): Statement of Canada Pension Plan Benefits

What’s in this article?

Note: If you are filing both a Québec return and a federal return, please ensure you complete both the T4AP and the Relevé 2 in the software.

 

What is this?

The T4A(P) slip reports the amounts you received in the year under the Canada Pension Plan (CPP) and any income tax deducted. Benefits received under the CPP must be reported on line 114 of your income tax return. If you are a resident of Québec and received benefits under the Québec Pension Plan (QPP), you will receive an RL-2 slip. Enter the amount shown on Box C of the slip on line 119 of your tax return.

The box numbers on your T4A(P) correspond to certain benefit types under the CPP. Information on each box number is given below:

Box Description

Box 20 – Taxable CPP benefits

This box shows the total CPP benefits paid in the year and includes amounts shown in boxes 14 to 19. It also includes any recovery of CPP overpayments, payments for arrears, and lump-sum benefit paid. Part of the lump-sum payment may have been entitlement for previous years. If a portion of the amount received relates to a previous year(s), the Canada Revenue Agency (CRA) will not reassess your return for the previous year(s). If the portion of the amount received that relates to previous years is more than $300 and only if it is to your benefit, will the CRA calculate the tax payable on those amounts as if you received them in those years. Click this link for more information.

Box 21 – Number of months – disability

This is the number of months in the year you received CPP disability benefits.

Box 22 – Income tax deducted

This is the income tax deducted from your CPP benefits in the year.

Box 13 – Onset or effective date

This is the date the retirement benefit became payable. For a disability benefit, this is the date that you were determined to be disabled for CPP purposes.

Box 14 – Retirement benefit

This is the retirement benefit amount received in the year. This benefit amount is included in the amount shown in Box 20.

Box 15 – Survivor benefit

This is the survivor benefit amount received in the year. This benefit amount is included in the amount shown in Box 20.

Box 16 – Disability benefit

This is the disability benefit amount received in the year. Enter this amount on line 152 of your return. This amount is included in Box 20 and must not be added to or deducted from your income.

Box 17 – Child benefit

This is the child benefit amount received in the year. This benefit amount is included in the amount shown in Box 20. Note: Benefits paid for your children are their income.

Box 18 – Death benefit

This is the death benefit amount you received in the year as a beneficiary. This benefit amount is included in the amount shown in Box 20.

Box 19 – Post-retirement benefit

This is the post-retirement benefit amount received in the year. This benefit amount is included in the amount shown in Box 20.

Box 23 – Number of months – retirement

 

This is the number of months in the year you received CPP retirement benefits.

 

Am I eligible?

If you received a T4A(P): Statement of Canada Pension Plan Benefits slip, you must report it on your tax return. Québec residents who received an RL-2 slip must also enter amounts shown on the appropriate lines of the tax return.

 

Where do I claim this?

Follow these steps in H&R Block’s tax software to file your 2015 taxes:

  1. Click the PREPARE tab.
  2. Click the YOUR YEAR IN REVIEW icon. You will find yourself here:

  3. Select the checkbox labelled I received retirement income or I was retired or over 65.
  4. Scroll to the bottom of the page and click Continue.
  5. Click the RETIREMENT INCOME icon. You will find yourself here:

  6. Under the RETIREMENT section, select the checkbox for T4A(P): Statement of Canada Pension Plan Benefits.
  7. Scroll to the bottom of the page and click Continue.
  8. When you arrive at the page for the T4A(P): Statement of Canada Pension Plan Benefits, enter your information into the tax software.

 

Where can I learn more?