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E1:77: 2020 T4 Year End Reporting Additional Codes Changes (Doc ID 2705557.1)

Last updated on JANUARY 25, 2021

Applies to:

JD Edwards EnterpriseOne Canadian Payroll - Version 9.2 and later
Information in this document applies to any platform.

Details

New T4 reporting requirements for the 2020 tax year, the Canada Revenue Agency (CRA) will be introducing additional reporting for the T4 slip, Statement of Remuneration Paid.

Additional reporting requirements will apply to all employers, and will help the CRA validate payments under the Canada Emergency Wage Subsidy (CEWS), the Canada Emergency Response Benefit (CERB), and the Canada Emergency Student Benefit (CESB).

How to report employment income during COVID-19 pay periods. For the tax year 2020, in addition to reporting employment income in Box 14 or Code 71, use new other information codes when reporting employment income and retroactive payments for the following periods:


Code 57: Employment income March 15 to May 9
Code 58: Employment income May 10 to July 4
Code 59: Employment income July 5 to August 29
Code 60: Employment income August 30 to September 26

Eligibility criteria for the CERB, CEWS, and CESB is based on employment income for a defined period. The new requirement means employers should report income and any retroactive payments made during these periods.

Example: If you are reporting employment income for the period of April 25 to May 8, payable on May 14, use code 58.

The following bug is required to received the new changes:

9.2 release 31815943 - T4 2020 Year End Reporting: Additional codes
9.1 release 32079162 - T4 2020 Year End Reporting: Additional codes
9.0 release 32079171 - T4 2020 Year End Reporting: Additional codes

Member afffects:

Canadian Year-End Work File Build - T4 - R77101

Generate T4 XML Data - B7701220

Process Year-End Information - N7700140

Format User Date - B7700078

Format User Date - D7700078

Canadian Year-End Form Setup (F77180) Update - R77180S

Implementing codes per Canada leg/reg

Actions

 Apply the ESU for the following release:

9.2  31815943
9.1 32079162
9.0 32079171

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