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alkeehall
April 13, 2022
Question

Is box 205 considered a benefit?

  • April 13, 2022
  • 1 reply
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    1 reply

    Raman1
    April 14, 2022

    Box 205 of the T4A information slip contains a one-time taxable grant payment of $500. This amount can be entered in the T4A Pension Retirement, Annuity in the return. Box 205 can be found by scrolling down to the bottom section "Covid-related benefit".

    For more information see the Canada Revenue Agency (CRA) One-time payment for older seniors.

     

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