2017 Tax Slip Guide

and Frequently Asked
Questions

YOUR GUIDE TO 2017 TAX SLIPS

This brochure summarizes the tax slips you may receive
for your investments administered by Solium. Depending
on the type of savings plan you are enrolled in, the
following tax slips may be issued to you based on the
transactions that have occurred in your account.

This brochure is designed to assist plan participants in

understanding the possible tax slips you may receive as a
result of transactions that have occurred and is intended
as a general guideline. Solium does not provide tax
advice, and this tax reporting overview should not be
considered as such. If you require further information on
tax reporting, you should consult your tax advisor.
 

NON-REGISTERED ACCOUNTS

Employee Share Purchase Plan (ESPP)

The following tax slips may be issued to you if you
participate in an Employee Share Purchase Plan (ESPP).
T5 or T3: Supplementary Statement of Investment Income
RL-3 or RL-16: Investment Income
NR4: Statement of Amounts Paid or Credited to Non-
Residents of Canada
T5008: Statement of Security Transactions
RL-18: Security Transaction
T5 or T3 / RL-3 or RL-16 / NR4 – Statement of Investment
Income
You will receive a T5 or T3 tax slip which details the dividends
received in an ESPP. If you are a resident of Quebec, you will
also receive an RL-3 or RL-16. If you are not a Canadian
resident, you will receive an NR4 tax slip.
T5008 / RL-18 – Sale of shares
You will receive a T5008 if you sold shares (including deemed
dispositions) during the year. If you are a resident of Quebec
you will also receive an RL- 18. If you are not a Canadian
resident, you will receive a T5008.

Employee Profit Sharing Plan (EPSP)

The following tax slips may be issued to you if you participate
in an Employee Profit Sharing Plan (EPSP).
T4PS: Statement of Employee Profit Sharing Plan
Allocations and Payments
RL-25: Income from a Profit Sharing Plan
T4PS / RL-25 – Withdrawal from Profit Sharing Plan
The T4PS and RL-25 report the gain or loss on any sales
from an employee profit sharing plan. For plans that have
dividends, these tax slips will detail the dividends received in
the plan. Depending on your Company, some T4PS tax slips
will report the Employer Contribution amount as well. If you
are a resident of Quebec you will also receive an RL-25.

Tax-Free Savings Account (TFSA)

Participants of a Tax-Free Savings Account will not receive
any tax slips for the contributions or withdrawals made in
2017. Your available TFSA room can be found by logging into
your “My Account” with the Canada Revenue Agency (CRA).
You can view your account on the CRA website
(http://www.cra-arc.gc.ca/)
 

REGISTERED ACCOUNTS

Registered Retirement Savings Plan (RRSP)

The following tax slips may be issued to you if you participate
in a Registered Retirement Savings Plan (RRSP).
Contribution Receipts
RSP Contribution Receipt
Mar 1 – Dec 31, 2017
Jan 1 – Mar. 1, 2018

Withdrawal Receipts
T4RSP: Statement of Registered Retirement Savings Plan
Income
RL-2: Retirement and Annuity Information
NR4: Statement of Amounts Paid or Credited to Non-
Residents of Canada

RSP Contribution Receipt – Contribution to a Registered

Retirement Savings Plan
You will receive an RSP Contribution Receipt for contributions
made to an RRSP between March 1, 2017 and December 31,
2017. You will also receive an RSP Contribution Receipt for
any contributions made from January 1, 2018 to March 1,
2018.
T4RSP/RL-2/NR4 – Withdrawal from Registered
Retirement Savings Plan (RRSP)
The T4RSP, RL-2, and NR4 report the partial withdrawal
amount or the de-registration of the plan and any withholding
taxes withheld. If you are a resident of Quebec you will also
receive an RL-2. If you are not a Canadian resident, you will
receive an NR4.

Deferred Profit Sharing Plan (DPSP)

The following tax slips may be issued to you if you participate
in a Deferred Profit Sharing Plan (DPSP).
T4A: Statement of Pension, Retirement, Annuity and Other
Income
RL-2: Retirement and Annuity Information
NR4: Statement of Amounts Paid or Credited to Non-
Residents of Canada

T4A/Rel-2/NR4 – Withdrawal from Deferred Profit Sharing

Plan (DPSP)
The T4A, RL-2, and NR4 report the partial withdrawal amount
or the de-registration of the plan and any withholding taxes
withheld. If you are a resident of Quebec you will also receive
an RL-2. If you are not a Canadian resident, you will receive
an NR4.
 

2017 Tax Slips: Frequently

 

 
Asked Questions
 

TYPES OF TRANSACTIONS THAT GENERATE TAX

SLIPS
1. Why am I getting a tax slip?
TAX REPORTING FOR SHARE PURCHASE PLANS
2. What type of tax slips should I expect to receive from my
Tax-Free Savings Account (TFSA)?
3. Will I receive tax information from Solium for Restricted
Share Unit, Performance Unit Share, or Deferred Share Unit
Release?
4. How are Employer (ER) contributions to a Deferred Profit
Sharing Plan (DPSP) reported?

TAX REPORTING FOR STOCK OPTION PLANS

5. Will I get a tax slip for my option exercise?
TROUBLESHOOTING ISSUES WITH TAX REPORTING
6. What happens if I have over-paid/under-paid federal
withholding tax on my RRSP withdrawal?
7. What happens if I have over-contributed to my RRSP this
year?
8. Last year I received a T5 or T3 and this year I have a T5008
(or vice versa). Why?
9. Is there a difference on my taxes if I sell Employee (EE) or
Employer (ER) shares/units?

RECEIPT OF TAX SLIPS

10. When will I receive my slips?
11. I have not received my tax slips. What do I do?
12. Are mailed tax slips required or can I request that only
electronic versions are available to me?
13. How do I change my tax slip delivery method?
TYPES OF TRANSACTIONS THAT GENERATE TAX SLIPS

1. Why am I getting a tax slip?

Tax slips may be generated for the following reasons. If you:
Sold shares from a Non-Registered account
Transferred shares from your plan Non-Registered account to your plan TFSA or
RRSP account (deemed disposition)
Partially withdrew or de-registered an RRSP account
Contributed or transferred shares to a Registered account from a Non-
Registered account
Received income or dividends paid to a Non-Registered plan
Solium generates the tax forms noted below for the following plan types and
transactions:

Transaction
Plan Type Tax Slip
Type

Registered Retirement
RSP Contribution Receipt
Savings Plan (RRSP)

Transfer from a
Non-Registered account to a RSP Contribution Receipt
Registered account
Contributions

Employee Profit Sharing Plan

(EPSP)
Employer Contribution T4PS
Amount* RL-25 (Quebec resident)
*Note your employer
contributions may appear
on the T4 issued by your
company.
Registered Retirement
Savings Plan (RRSP)
T4RSP
A tax slip is issued if you
RL-2 (Quebec resident)
withdraw funds from an RRSP
NR4 (Non-Resident)
(by partial withdrawal or by de-
registering the plan).
Withdrawals

T4A
Deferred Profit Sharing Plan
RL-2 (Quebec Resident)
(DPSP)
NR4 (Non-resident)

Employee Share Purchase T5008

Plan (ESPP) RL-18 (Quebec residents)

Employee Profit Sharing Plan T4PS

(EPSP) RL-25 (Quebec residents)

T5 or T3
Employee Share Purchase RL-3 or RL-16 (Quebec
Income/Dividend

Plan (ESPP) residents)

Receipt of

NR4 (Non-residents)

Employee Profit Sharing Plan T4PS

(EPSP) RL-25 (Quebec residents)
(Employer Paid shares)
TAX REPORTING FOR SHARE PURCHASE PLANS

2. What type of tax slips should I expect to receive from my

Tax-Free Savings Account (TFSA)?
You will not receive tax slips for contributions, dividends or withdrawals from the
TFSA. Please refer to the CRA website for more information.
www.cra-arc.gc.ca

3. Will I receive tax information from Solium for a Restricted Share Unit,
Performance Share Unit, or Deferred Share Unit release?
Yes, if there was a sale, you will receive a T5008 as a result of a Restricted Share
Unit, Performance Share Unit, or Deferred Share Unit release.

4. How are Employer (ER) contributions to a Deferred Profit Sharing Plan

(DPSP) reported?
The Employer Contribution amount will be reported on the T4 issued by your
Company.

TAX REPORTING FOR STOCK OPTION PLANS

5. Will I get a tax slip for my option exercise?

No, the income you received as a result of your option exercise will be included on
your T4 as income.

TROUBLESHOOTING ISSUES WITH TAX REPORTING

6. What happens if I have over-paid/under-paid federal withholding tax on

my RRSP withdrawal?
Any over and/or under payments will be corrected when you file your annual tax
return with the CRA.

7. What happens if I have over-contributed to my RRSP this year?

Please refer for the CRA website, or consult your tax advisor for more information
and instructions.
www.cra-arc.gc.ca

8. Last year I received a T5 or T3 and this year I have a T5008 (or vice
versa). Why?
A T5008 is issued when you sell or have a deemed disposition of shares from your
Non-Registered account within the tax year. A T5 or T3 is issued if you received
dividends on the shares you held in your Non-Registered account during the tax
year. You will only receive these tax slips if one of these events occurred in the tax
year.

9. Is there a difference on my taxes if I sell Employee (EE) or Employer

(ER) shares/units?
The tax implications are the same if you sell Employee purchased shares or
Employer purchased shares. However, some plans may apply forfeitures or other
penalties when selling Employer purchased shares. Refer to your Plan rules or
contact your Company for more information.
RECEIPT OF TAX SLIPS

10. When will I receive my tax slips?

The following chart outlines when tax slips with be available to download from
Shareworks, or when the appropriate tax slips will be mailed.

Non-Registered Accounts

Employee Share Purchase Plan Target mailing date or online

(ESPP) posting date
T5 / RL-3/ NR4 January 31
T3 / RL-16 /NR4 March 15
T5008 / RL-18 January 31
Employee Profit Sharing Plan Target mailing date or online
(EPSP) posting date
T4PS / RL-25 Januray 31

Registered Accounts

Registered Retirement Savings Target mailing date or online

Plan (RRSP) posting date
RSP Contribution Receipt
January 16
March 1, 2017 – December 31, 2017
RSP Contribution Receipt:
March 15
January 1, 2018 – March 1, 2018
T4RSP / RL-2 / NR4 January 31
Deferred Profit Sharing Plan Target mailing date or online
(DPSP) posting date
T4A / RL-2 / NR4 January 31

11. I have not received my tax slips. What do I do?

Please refer to the mailing schedule in the section When will I receive my tax
slips? and allow 5-10 business days for Canada Post to process. If you have not
received your tax slips, and they have not been posted to your Shareworks account
by this date, please contact Solium’s Participant Services Group at 1-877-380-7793.

12. Are mailed tax slips required or can I request that only electronic
versions are available to me?
Through your Shareworks account, you can elect to receive your tax slips
electronically by clicking on Manage Your Tax Slip Delivery which can be found
under the My Profile section of Shareworks.
 13. How do I change my tax form delivery method?
You can change the delivery method for forms issued by Solium by completing the
following steps:
a. Log into your Shareworks account at www.solium.com/login.
b. Click on the My Profile tab.
c. Click Manage Tax Form Delivery under Personal Profile.
d. The following screen will allow you to review the Electronic Delivery of Tax
Forms agreement. If you would like to proceed and change your delivery
method, click Change consent to electronic delivery at the bottom of the
agreement.
e. Select Yes if you would like to change to online delivery, or select No if you
would prefer to receive a mailed version.
f. Click Confirm to complete your change.