TurboTax: Line 104 & Other Income


 


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Relevant Material: "Line 104 (or the current Line 10400) of a Canada Revenue Agency (CRA) income tax return is designated for reporting "Other employment income" not included in the standard T4 slip's Box 14. This line is significant because it consolidates various less common, yet taxable, employment-related income sources to determine an individual's total income. 

Income Reported on Line 104/10400 
Amounts commonly reported on this line include: 
  • Tips and Occasional Earnings: Employment income received as tips or occasional earnings that your employer did not include on your T4 slip.
  • Foreign Employment Income: Earnings from employment in another country, reported in Canadian dollars.
  • Net Research Grants: The amount of a research grant after subtracting your related expenses (expenses cannot exceed the grant amount).
  • Clergy's Housing Allowance: The amount shown in Box 30 of your T4 slips if you are a member of the clergy.
  • Wage-Loss Replacement Plan Payments: Income from an income-maintenance insurance plan (Box 107 of a T4A slip), minus any contributions you made to the plan that you have not previously deducted.
  • Royalties: Amounts received for a work or invention of your own.
  • Certain GST/HST Rebates: Rebates for employment expenses that you previously deducted.
  • Other Benefits: Amounts from various T4A and T4PS slips, such as benefits from a supplementary unemployment benefit plan (SUBP), group term life insurance, or an employees profit-sharing plan (EPSP). 
Significance
The key significance of Line 104/10400 is that it ensures all taxable employment income is accounted for, even if it falls outside of the main T4 reporting box. This total is used to calculate your overall tax liability and eligibility for certain credits, such as the Canada employment amount. Correctly reporting on this line helps the CRA accurately assess your total income, ensuring compliance and potentially avoiding a tax review. 
For current and detailed instructions, always refer to the official Canada Revenue Agency (CRA) website. .." (google) 
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