TurboTax: Box 104 & T1 General

 


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Relevant Material: ""Box 104" on a Canadian T1 General tax return refers to "Other employment income" on line 10400, or "Limited partner's business income (loss)" if reported on a T5013 slip. The specific details depend on the source of the income. 

Line 10400 - Other Employment Income
Amounts reported on line 10400 of the T1 General generally come from various sources and are calculated on an income worksheet. Common types of income for this line include: 
  • Net research grants: Subtract your expenses from the grant received and report the net amount. Your expenses cannot exceed the grant amount.
  • Wage-loss replacement plan benefits: The amount from box 107 of a T4A slip, minus any contributions you made to the plan after 1967 (if not previously used).
  • Foreign employment income: Earnings reported in Canadian dollars, including certain U.S. plan contributions like 401(k).
  • Royalties: Amounts received for a work or invention of yours.
  • Certain GST/HST rebates: Rebates received for employment expenses deducted in a prior year.
  • Tips and occasional earnings: Employment income not reported on a T4 slip. 
Box 104 on a T5013 Slip 
If you received a T5013 slip, Statement of Partnership Income, box 104 reports your limited partner's business income (loss) (multi-jurisdictional). This amount is typically reported on line 12200 of your T1 return. However, if your partner code is "5," you will instead use this amount on Form T2125, Statement of Business or Professional Activities, and report the income on line 13500 of your T1 return. .." (Google) 
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