T4 · Statement of Remuneration Paid
T4 box 40: other taxable allowances and benefits
Your employer issues a T4 for every job you had during the year, by the end of February.
- What it is
- Taxable benefits your employer gave you, like a gym membership, gift cards, or group life insurance premiums.
- Where it goes on your return
- Nothing to enter: box 40 is already included in box 14. It's shown for the CRA's information.
- Don't add box 40 to your income again.
- Taxable benefits are taxed like pay, which is why your box 14 can be higher than your salary.
See your refund from your T4
Drop your T4 PDF into the free Tax Slip Reader. It reads every box and estimates your refund in seconds, right in your browser. Nothing is uploaded.
Open the Tax Slip ReaderFrequently asked questions
What is T4 box 40 on my T4?
T4 box 40 is other taxable allowances and benefits. Taxable benefits your employer gave you, like a gym membership, gift cards, or group life insurance premiums.
Where do I put T4 box 40 on my tax return?
Nothing to enter: box 40 is already included in box 14. It's shown for the CRA's information.
Other T4 boxes
Source: Canada Revenue Agency, T4 slip. General information, not tax advice.
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