T4 slip - Box 66 and/or Box 67
You received a T4 slip with an amount in Box 66 and/or Box 67, following a dismissal and/or a retirement in the tax year. In order to account for this situation, please follow these steps:
1 - In the "QuikClik Navigator", located on the left-hand side of the screen, click on "T4 and employment income".
2 - On the right-hand side of the screen, select one of the first two options, either "T4 and RL-1 income earned in Quebec" or "T4 income (earned in any province except Quebec)" as per your situation, and enter the information found on your T4 slip in the appropriate boxes.
3 - At the center of the page, you will find the fields to complete for boxes 66 and 67. For "Box 66 - eligible retiring allowances (RL-1 Box O (RJ))", enter in the field on your right the amount shown in Box 66 of your T4 slip.
4 - If an amount was transferred directly to an RRSP or an RPP, enter the amount transferred to an RRSP in the field "Portion of Box 66 transferred to a RRSP" or in the case of an RPP, in the field "Portion of Box 66 transferred to a RPP". However, if no portion of the amount in Box 66 was transferred to an RRSP or RPP, either by you or by your employer, leave these two lines blank.
5 - On line "Box 67 - Non-eligible retiring allowances (RL-1 box O (RJ))", enter the amount shown in Box 67 of your T4 slip.
Note to residents of Quebec: If the amount in Box O of the RL-1 slip is different from the sum of amounts in Boxes 66 and 67 of the T4 slip, click on the "Fleur de lys/Maple leaf" icon to the right of the line to generate a field entitled "Value to use for Quebec if different" and enter the amount in Box O of RL-1.
The amount from Boxes 66 and 67 will be reported by the program on line 130 of the federal return and line 154 of the Quebec return, and code 03 will be entered on Quebec line 153.
The amount transferred directly to an RRSP account will be carried over by the program to line 240 of Schedule 7 and shall not affect the "RRSP deduction limit".
If applicable, the "RPP deduction schedule" for RPP will be generated by the program and the amount transferred directly to your RPP will be entered on line 22 for it not to be subject to the "Annual deduction limit".
For more information, please see the link to the CRA:
For more information, please consult the following Revenu Quebec links: