How to process tax form runs
1. Close the previous year. For details on how to close the previous year, check out our article on How to close the year.
Creating your T4 or T4A run
2. Here, you’ll see one entry per RP number for each year. Navigate to the tax form run, and click Edit.
4. Click OK to confirm your action.
7. Next, enter the remittance balance amount and click Save. To learn how to get your CRA remittance balance, click View to read our Knowledge Base article on How to get your T4 remittance balance from the CRA.
8. To review the Summary of Remuneration Paid, click View Tax Summary.
9. The Summary of Remuneration Paid will open in a new tab. Here, you’ll see a difference at the bottom of the page. If there is balance due in Box 86, you must directly pay the amount owing balance due in Box 86 to CRA.
If there is an overpayment in Box 84 the CRA will send you a Notice of Assessment (NOA) once your T4s are filed. The NOA will contain information on how to receive your refund from the CRA.
10. Next, return to the previous screen and click View All Tax Slips. The tax slips will open in a new window.
11. If you want to make any change in the T4 slips, click Download CSV Tax Form Data. For more information on how to edit tax forms, refer our How to edit Tax Forms article.
14. Once you approve the tax form, you’ll be redirected to the Review page. Review your tax form information and select the checkbox to confirm its accuracy. Once you have confirmed the information, click Finalize Tax Form Run.
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