Issue T-slips to recipients and file the related issuer summaries with the Canada Revenue Agency (CRA) and Revenu Québec.
Prepare and electronically file unlimited federal T4 and T4A slips and summaries, as well as unlimited Québec RL-1 and RL-2.
TaxCycle T4/T4A is included in the Complete Paperless Tax Suite, the Paperless Office, or Tax Basics. It is also available as a stand-alone module.
Populate our sample Excel® template with your client's slip recipient data. Then drag and drop it onto the TaxCycle window to import. You can even undo and redo!
Prepare T4 and T4A slips, then publish them to SlipSync. If you're preparing a T1 return for one of the slip recipients, TaxCycle alerts you to import the slip data.
Carry forward slips from prior-year ProFile® FX, Cantax® FormMaster, or Taxprep® Forms files. Or, import from an XML file sent to the CRA this year or last year.
Prepare T4 slips for both regular and reduced employment insurance calculations in a single file. Create two slips instead of two files.
Set the default pay period, city, province, footnotes, and information boxes on the Info worksheet to automatically populate the slips you create.
Use TaxCycle T4/T4A to prepare the related Québec RL-1 and RL-2 relevés. Start by preparing your T4 and T4A slips, then scroll down to complete the Québec fields.
Set default adjustment thresholds, then let TaxCycle automatically adjust CPP, EI and PPIP contributions on T4 slips to the required premium contribution amounts.
Printed slips show at the bottom of each data entry page. Open a second window and watch it update when you enter data in the main TaxCycle window.
A separate module for T4s and T4As allows us to build special features, and lets you set specific options just for T4 and T4A slips. Tight integration with other modules means you can create a T4/T4A file from a T2 return.
Find out for yourself why thousands of tax preparers have already switched. Get up and running in just 10 minutes with your free trial of the TaxCycle Suite. Seamlessly carry forward returns from DT Max®, Cantax®, Taxprep® and ProFile® software.
| RETURNS | |
|---|---|
| Number of returns | Unlimited |
| CARRYFORWARD | |
| TaxCycle T4/T4A | |
| ProFile® FX | |
| Cantax® FormMaster | |
| Taxprep® Forms | |
| ELECTRONIC FILING | |
| CRA Internet File Transfer (XML) for T4, T4A, T4 Reduced EI (original, amended or cancelled slips) | |
| Revenu Québec RL-1 and RL-2 (original, amended or cancelled relevés) | |
| WORKSHEETS | |
| Info — Return Information | |
| Engagement — Engagement Information | |
| Workflow — Workflow Summary | |
| CustomFields — Custom Fields Worksheet | |
| T4 Adjustment Options | |
| COVIDSubsidy — 10% Temporary Wage Subsidy Worksheet | |
| PD27 — 10% Temporary Wage Subsidy Self-Identification Form for Employers | |
| LE-39.0.2 — Calculation of the Contribution Related to Labour Standards | |
| RC-18 — Calculating Automobile Benefits | |
| RL1Appendix — Work Chart: Lines 28, 30 and 50 of the RL-1 Summary | |
| Internet — Internet Filing Results | |
| SLIPS and RELEVÉS | |
| T4 — Statement of Remuneration Paid | |
| T4A — Statement of Pension, Retirement, Annuity, and Other Income | |
| T4PS — Statement of Employee Profit-sharing Plan Allocations and Payments | |
| T4A-RCA — Statement of Distributions From a Retirement Compensation Arrangement (RCA) | |
| T4ARCAInstructions — T4ARCA Instructions | |
| RL-1 – Employment and Other Income (Québec) | |
| RL-2 – Retirement and Annuity Income (Québec) | |
| CONDITIONS OF EMPLOYMENT | |
| T2200 — Declaration of Conditions of Employment | |
| T2200S — Declaration of Conditions of Employment for Working at Home Due to COVID-19 | |
| TP-64.3-V — General Employment Conditions | |
| SUMMARIES | |
| T4Slips — Slips Summary | |
| T4Summary — Summary of Remuneration Paid | |
| T4Reconciliation — T4 Net Income Reconciliation | |
| T4ASlips — Slips Summary | |
| T4ASummary — Summary of Pension, Retirement, Annuity and Other Income | |
| T4ARCASlips — Slips Summary | |
| T4ARCASummary — Summary of Distributions From a Retirement Compensation Arrangement (RCA) | |
| T4PSSlips — Slips Summary | |
| T4PSSummary — Summary of Employee Profit-sharing Plan Allocations and Payments | |
| RL1Summary — Summary of Source Deductions and Employer Contributions | |
| RL2Summary — Summary of Retirement and Annuity Income (Québec) | |
| Memo Summary | |
| Tape Summary | |
| TEMPLATES | |
| MLetter — Missing Slips Email | |