Line 235 - Social benefits repayment

Employment Insurance (EI) benefits

You may have to repay part of the EI benefits (line 119) you received in 1999 if one of the following applies:

• There is an amount in box 15 of your T4E slip, the repayment rate in box 7 is 30%, and your net income before adjustments (line 234) is more than $48,750.
• There is an amount in box 16 of your T4E slip, and your net income before adjustments (line 234) is more than $48,750.
• There is an amount in box 15 of your T4E slip, the repayment rate in box 7 is more than 30%, and your net income before adjustments (line 234) is more than $39,000.

Complete one or both of the charts included with your T4E slip to calculate how much of your EI benefits you have to repay. If you also have to repay Old Age Security (OAS) benefits you received (see the next section) enter, on lines 7 and 13 of the chart for line 235 on the Worksheet you will find with your forms, the EI benefits that you have to repay.

Old Age Security (OAS) benefits

If you received OAS pension (line 113) or net federal supplements (line 146) and your net income before adjustments (line 234) is more than $53,215, you may have to repay all or a part of these benefits. Complete the chart for line 235 on the Worksheet you will find with your forms to calculate how much you have to repay.

Note
Tax may have been withheld from your monthly OAS pension if you had an OAS repayment for 1998. The amount deducted is included in box 22 of your 1999 T4A(OAS) slip. Claim it on line 437 to reduce the amount of tax you owe when you file your 1999 return. Similarly, if you have an OAS repayment for 1999, tax may be withheld starting with your July 2000 OAS payment. For more details, contact us.