Information Regarding Tax Slips
Tax slips are being sent out between February 10 and 28. This year the slips will be coming in separate envelopes. You may receive up to three envelopes:
- A statement for monthly dues paid/applied between January 1—December 31, 2020 (tax deductible). This does not include amounts deducted by your employer, only amounts you paid to the Union directly.
- A T4A from the BCRCC Benefit Plan that includes life insurance and AD&D premiums (Box 119) to be included as ‘Other Information‘ (taxable benefit). Bereavement leave and/or jury duty benefit will be listed in box 28.
If you made self-payments to the Benefit Plan in 2020, your taxable benefits will be reduced by your self-payment amounts. If your self-payments exceed the amount of taxable benefits, you will have an amount listed in Box 135. This amount is a tax credit and is an eligible medical expense. As stated in CRA’s medical expenses 2020 RC 4065 (E), “You can claim the total of the eligible expenses minus either $2,397 or 3% of your net income (line 236 of your income tax and benefit return), whichever is less” on line 330 of your 2020 income tax return.
- a) A T4A from UBC BCRCC for apprentices who qualified and received a bursary from the Union for tuition in 2020 to be included in box 105 in the ‘Other Information’ area, as this is a taxable benefit to be offset by the T2202A sent from the college/institution where you completed the course,
- b) For membership dues refunded in 2020 that will be listed in Box 28, wage reimbursement for OFA Level 2 & 3, and referral program payouts.
If you have a T4 from a union employer that does not list union dues in box 44 of the T4, please contact the Union.