Information
- Products: 365
- Summary: How to populate Box 50 (Pension Registration Number) in T4
Details
Box 50 on the T4 slip is used to report the Pension Adjustment Reversal (PAR) for Registered Pension Plans (RPPs) and Deferred Profit Sharing Plans (DPSPs) contributions made by employers.
Resolution
To populate Box 50 with the Pension Registration Number, follow the steps below:
- Navigate to the employee card, then select Related > Employee > Fed. / Province Withholding Setup.
- Enter the number in the RPP or DPSR RegNo field.
Please refer to the image below for further clarification:
Impact / Risks
When populating Box 50, please ensure that the correct Pension Registration Number is entered. Failure to do so may result in incorrect reporting, which could lead to penalties and amending the T4s.
Workaround
Not Applicable
Related Information
Employers' Guide – Filing the T4 Slip and Summary - Canada.ca https://www.canada.ca/en/revenue-agency/services/forms-publications/publications/rc4120/employers-guide-filing-t4-slip-summary.html#box50
Update History
The following are the dates and actions pertinent to the history of this issue.
Date | Details | Link |
02/08/2023 | The first version of this Knowledge Base article was created. |
|
Attachment
Not Applicable.
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