When entering T4A information in Wealthsimple Tax, you may see a warning message. This warning is designed to help you ensure you're entering information in the correct section.
Why you see this warning
T4A(OAS), T4A(P), and T4A are distinct slips that report different types of income:
- T4A(OAS): Old Age Security payments
- T4A(P): Canada Pension Plan benefits
- T4A: Other pension, retirement, annuity, or income
These slips are not interchangeable. Entering information from one slip type into the wrong section can lead to inaccurate tax calculations and potential reassessment by the CRA.
What to do when you see the warning
- Double-check that you're entering information from the correct slip
- Ensure the section title in Wealthsimple Tax matches your tax slip
- If you're certain you're in the correct section, you can proceed past the warning
Finding the right section
To add the correct slip:
- Use the search function in Wealthsimple Tax
- Type the specific slip name (e.g., "T4A(OAS)", "T4A(P)", or "T4A")
- Select the matching section
Remember, this warning is a safeguard to help you file accurately. It doesn't prevent you from submitting your return, but it's important to address.
For help understanding warnings in Wealthsimple Tax, contact our support team.
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