CRA Line 10400 - what to report from W2

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elgoog
Posts: 9
Joined: Thu Sep 19, 2019 9:40 pm

CRA Line 10400 - what to report from W2

Post by elgoog » Thu May 07, 2020 2:04 am

Hi,

I am trying to report my U.S. income on my Canadian return using https://www.canada.ca/en/revenue-agency ... ncome.html.

The page says: If the amount on your United States W-2 slip has been reduced by contributions to a 401(k), 457, or 403(b) plan, US Medicare and Federal Insurance Contributions Act (FICA), you must add these contributions to your foreign employment income on line 10400 of your Canadian return. These contributions may be deductible.

1. I have already added my 401k contributions but was wondering how do I find the FICA contributions?
2. I also have additional amounts in Box 12 of the W-2: Cost of employer healthcare coverage, Employer HSA contribution and Group-term life insurance. Do I need to add these too? How do I claim a credit for them?

nelsona
Posts: 16414
Joined: Wed Oct 27, 2004 2:33 pm
Location: Nowhere, man

Re: CRA Line 10400 - what to report from W2

Post by nelsona » Thu May 07, 2020 7:22 pm

That is your SS and Medicare. These are rarely subtracted from your wages. Remember that these are considered taxes, which you use as a credit in Canada.
Any amounts YOU paid should for medical should go on your medical expenses in Canada.
Nelsona Non grata. Non pro. Search previous posts. Happy Browsing :D

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