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April 8, 2025
Question

I have a form TP-41.C for a car allowance, where should I put the final figure in the T4 form ?

  • April 8, 2025
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    April 11, 2025

    An employee may use an employer-owned or leased automobile for both business and personal purposes. The personal use of the automobile is considered a taxable benefit for the employee. This calculator determines the amount of the benefit that has to be included in the employee's income and reported on a T4 or T4A slip.

     

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