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Wondering when you should receive your T4 slip? 🤔📄

You should expect to receive your T4 slip from your employer by the end of February of the following year if you started your job in January. This important document summarizes your earnings and deductions for the preceding tax year, playing a critical role in filing your income tax return.

It's a legal obligation for employers to issue T4 slips by the government’s deadline, and if you haven’t received yours, it’s crucial to reach out to your employer as soon as possible. Remember, keeping your T4 slip safe is essential for accurately reporting your income and claiming any credits or deductions you might be eligible for. Moreover, ensure your mailing address is updated with your employer to prevent any potential delays in receiving this vital document.

Stay informed and be ready for tax season!

Tags: #T4Slip #TaxReturn #IncomeTax #CanadaTax #TaxSeason #EmployerDuties #TaxFiling #FinancialLiteracy #personalfinance

00:00 Understanding T4
00:07 Agenda
00:23 What is T4?
00:38 When to Expect
00:50 Pop Quiz
01:11 Quiz Answer
01:20 If Not Received
01:32 Keep It Safe
01:46 Thank You!