T4: Code 30 - Housing Board and Lodging Calculator
T4: Code 30 - Housing Board & Lodging Calculator ********************************************************* HTML Version : Link Smartphone Version: Link Affiliate: Link *** Source: " Code 30 – Board and lodging...If you provided an employee with free or subsidized housing, or board and lodging, enter code 30 and the corresponding taxable amount. Also include this amount in box 14...If you pay for utilities (or provide them) for a member of the clergy, add the eligible part of your cost for those utilities to the housing allowance. Report it under code 30. Eligible utilities are electricity, heat, water and sewer. Report all other utilities under code 40..." (" 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) Employment b) Softwares like Turbotax (T Slips)...