T4A slip - Box 156
You received a T4A slip with an amount in box 156 because you
received a settlement from a trustee of a bankrupt corporation.
For residents of Quebec, you have received a RL 1 Box O and the
CA code.
To report this amount, please follow the steps below:
1- On the "Left side menu on the Interview
tab", select "Interview setup" and on the
screen, that appears on the right, go to the
"Pension" group, check the box "Pension
income, other income and split pension income (T4A, T4A(OAS),
T4A(P), T4A-RCA, T4RSP, T4RIF, T1032)", and click
"Next" at the bottom of the page.
2- Return to the "Left side menu on the Interview
tab", select "T4A and pension income" and
on the page appearing to your right, choose "T4A - Pension,
retirement, annuity and other income".
3- On the new page generated, go to the line "Other
Information (click on the triangle to see the list of
choices)" located in the middle of the page. Then, from
the drop-down menu, choose "(156) Bankruptcy settlement
(Box O code RZ)" and enter the amount that appears on your
T4A slip.
4- For Quebec residents: If the amount in Box O of the
RL-1 differs from the one shown on the T4A slip, click on the
"Maple Leaf" icon next to the corresponding
federal box and a new box will be displayed where you can enter the
amount for Quebec. This box will only appear if you have entered
the federal amount first.
The amount will be transferred by the program to line 10400
of the federal return and, for Quebec residents, line 154 of
the Quebec return, and Code 15 will be entered on Quebec line
153.
ID: 20191202081004DEX.xml
Webpage: KPA390-20191202081004DE.htm