The amount of Gross Earnings, Income Tax, CPP and EI deducted is reported to the employee at the end of the year on a(n)
A) Record of Employment.
B) Payroll Summary.
C) T4.
D) Employee Earnings Record.

Question

Quizplus · Accepted Answer

The T4 is a Canadian tax form issued by employers to report an employee's income and deductions for the year. It includes information such as gross earnings, income tax, CPP (Canada Pension Plan), and EI (Employment Insurance) deductions. Therefore, the correct choice is C.

The Amount of Gross Earnings, Income Tax, CPP and EI