Where to get t5007

Learn what happens if you need an attendant to accompany you to a medical appointment. Find out what expenses the WCB may pay for, including travel and dental expenses, and learn about personal care allowances. Sometimes if you pay temporary expenses that are over and above what you would normally have paid while working, the WCB may repay you for those expenses, based on the nature and severity of your injury.

If a work injury leaves part of your body not functioning as it did before the injury, you may have a permanent functional impairment PFI and be eligible for a lump-sum payment. The WCB provides injured workers with information about financial assistance options when their WCB benefits are ending.

Find out how the bridging program works. Workers Workers aged 63 or older Annuity program Earnings loss benefits. Breadcrumb Workers Your benefits and assistance Benefits and your income tax return T income tax form. Benefits and your income tax return T income tax form Page intro. Page content.

Frequently asked questions Accordion content. Q: What do I do with the T when I get it? Payments may be made to others in the following situations: Your employer may choose to pay your full wages while you are on compensation so you can continue to build up employment benefits.

For example, your employment benefits could include Canada Pension Plan, Employment Insurance and company pension. The WCB then pays the compensation benefits to your employer. Payments may have been made directly to your employer for a minor incident even though you lost little or no time from work. If payments are made to a public trustee, the T is issued in your name in care of the public trustee. Q: Is my taxable income affected when benefits are paid directly to my employer?

You may be allowed an additional deduction depending on how your employer recorded your total employment income on your T4 slip if: Your total employment income was recorded as gross wages, you may be allowed an additional deduction equal to the amount paid directly to your employer on line of your tax return. The amount of the deduction should also appear in Box 77 on your T4. The amount your employer received from the WCB was deducted from your total employment income, the additional deduction on line is not allowed as it has already been deducted.

There will be no entry in Box 77 on your T4. Q: Do dependent children receive a T if they are receiving a monthly allowance? A: Yes. Q: Are payments for tuition and books included in Ts for injured workers or dependent children?

Q: Are clothing allowances included in Ts? Q: Is a T issued for personal care allowance payments? Q: Are payouts from an annuity fund included in Ts? Q: Is a T issued for a lump-sum payout from an annuity fund to the estate of a deceased worker?

Q: What if there is an overpayment of benefits in the current year? Q: What if there is a change in compensation relating to previous years? Q: What do I do if I receive an amended T? Contact information Contact us to for more information on the T income tax form.

Finance department. If you are not sure how to use your T statement for your income tax return, call the CRA at You can also visit the CRA website.

If you employ someone who receives a T statement from us because we paid them wage loss benefits, you also have responsibilities. This payment is called an advance. If your employee is approved for wage replacement benefits, we'll reimburse you for the amount we would have paid your employee. These payments are considered to be taxable income in the year that they are paid.

For example, if we reimburse the advances paid by an employer on January 10, for a period of lost time in , the CRA considers the WSIB benefits to be part of the tax year since this is the year benefits were paid.