Box 110 - Lump-sum payments accrued to December 31, 1971

This amount is already included in box 018.

This amount is a portion of the lump-sum payment amount that accrued before 1972.

You may pay tax at a lower rate on the part of the lump-sum payment that accrued before 1972. This is referred to as an ITAR 40 election. To make this election attach a note and the T4A slip to your return.

Our system will calculate the tax payable after taking the ITAR 40 election into account. We will tell you the results on your Notice of assessment or Notice of reassessment.

If you have questions about the amounts shown on your T4A slip, contact the issuer of the slip.

Date modified:

2016-01-05