Box 20 on the T4A(P) (Canada Pension Plan benefits) does not need to be entered manually. StudioTax calculates and fills it in automatically based on the other information you enter on the slip.
How to Fill In the T4A(P)
Enter the following fields from your paper slip:
| Box | CRA Description | What to enter |
|---|---|---|
| Box 14 | Retirement benefit | Enter the amount shown on your slip |
| Box 23 | Number of months – retirement | Enter 12 (or the actual number of months for which you received CPP retirement benefits) |
| Box 20 | Taxable CPP benefits | Leave this field as-is — StudioTax copies it automatically from Box 14 |
Box 20 includes all benefits shown in boxes 14, 15, 16, 17, 18, and 19. StudioTax will populate it automatically based on the information provided in the slip. You do not need to enter it manually. Once complete, this amount is reported on line 11400 of your return.