Six Common Types of Tax Slips

  • Employment Income (T4): Summarizes your employment income and any deductions such as taxes withheld, EI or CPP
  • Non-Employment Income (T4A): Includes income received from pension plans, OAS, annuities, RESP withdrawals and self-employed commission
  • Income From Registered Accounts (T4RSP/T4RIF): Withdrawals from RRSPs or RRIFs are considered taxable income. These slips will show income received and any taxes withheld.
  • Investment or Trust Income (T3/T5): Includes interest received or dividends received in a taxable account
  • Realized Gain and Loss (T5008): If you dispose of investments in a nonregistered taxable account, information can be found on a Realized Gain and Loss Report and Trading Summary Report (T5008). Revenue Canada requires that investors keep track of this information.
  • Tax Deduction: RRSP contributions are tax deductible. This information will be found on your RRSP Contribution Receipt