T4 & T4 Summary Assignment

Employment Income

Jaclyn Rankin

T4 Information

Name: James Gregory Frost

Income Withholdings CODE BOX

Salary 47,500

Automobile Allowance 3,000 40

Total Employment Income 50,500 14

Professional Dues (Union) 300 44

Charitable Donations 104 46

Income Tax 12,500 22

EI Premiums 893 18

CPP Contributions 2,178 16

T4 Information

Name: Lane Peter Michaels

Income Withholdings CODE BOX

Salary 53,000

Commission Income 13,500 42

Bonus (Paid in 2014) 5,000

Total Employment Income 71,500 14

Income Tax 13,000.00 22

EI Premiums 913.68 18

CPP Contributions 2,425.50 16

T4 Information

Name: William Frederick Hines

Income Withholdings CODE BOX

Salary 41,000

Non-Cash Gift 1,600 40

Housing Loss 5,000 40

Total Employment Income 47,600 14

Professional Dues (Union) 450.00 44

Income Tax 7,500.00 22

EI Premiums 770.80 18

CPP Contributions 1,856.25 16

T4 Information

Name: Marg Elizabeth Hines

Income Withholdings CODE BOX

Salary 76,000

Signing Bonus 22,000

Entertainment Allowance 6,000 40

Interest-Free Housing Loan 8,250 36

Total Employment Income 112,250 14

Income Tax 19,000.00 22

EI Premiums 913.68 18

CPP Contributions 2,425.50 16