Code 66 & 67: Eligible and Non Eligible Retiring Allowances
HTML Version: Link Smartphone Version: Link Affiliate: Link *** Source: "Code 66 - Eligible Retiring Allowances - Enter the amount of retiring allowances (also called severance pay) that was paid in the year and is eligible for transfer to an RPP or RRSP, even if not transferred. Do not include this amount in box 14.. ...Code 67 - Non-Eligible Retiring Allowances....Enter the amount of retiring allowances (also called severance pay) not eligible for transfer to an RPP or RRSP. Do not include this amount in box 14...." (" Other Information Codes for the T4 Slip ", https://www.canada.ca/en/revenue-agency/services/tax/businesses/topics/payroll/completing-filing-information-returns/t4-information-employers/t4-slip/other-information-codes-t4-slip.html#cd_87 ) *** Applications: a) T Slips for tax return b) Software like Intuit Turbotax (T Slips), Intuit Quickbooks & Sage Accounting ** Relevant Stats: " Key market statistics The E&O insurance market sh...