Question:
I am 16 and I would like to know if I can claim my EI as a tax return while I file my taxes?
Cheyenne R
2009-02-23 12:15:01 UTC
I am 16 and I would like to know if I can claim my EI as a tax return while I file my taxes?
Two answers:
neoplop
2009-02-23 12:23:25 UTC
See the instructions for line 312 -- Employment Insurance premiums:



"`Claim, in dollars and cents on line 312 of Schedule 1, the total of the amount shown in box 18 of all your T4 slips. If you contributed to a provincial parental insurance plan (PPIP) in 2008, also include the total of the amount shown in box 55 of all your T4 slips on this line. Attach to your paper return the Relevé 1 slip your employer sent you. Do not enter more than $711.03.



If you contributed more than $711.03, enter, in dollars and cents, the excess amount on line 450 of your return. We will refund this overpayment to you, or use it to reduce your balance owing."
Sparky
2009-02-23 17:16:25 UTC
In some circumstances, you can get a refund of your EI premiums.



If your EI insurable earnings (box 24, of box 14 if 24 is blank) on the T4 slip is less than $2,000, you will get all the EI premiums back when you file the return.



If your insurable earnings are between $2,000 and $2,034, you will get a portion of the premiums back.



If your income is greater than $2,034, you will not get the premiums back.


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