Nortel distribution T4 shows tax withholding, but not the income.

A former Nortel employee received a statement last summer that they were being paid about $5,000 (taxable) from the Nortel estate and there would be tax and EI withholding. They did receive the funds minus the correct withholding. However the T4 only shows the EI and tax withholding, no income??? Could this be an error or how should I include the income in Profile?


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I just had a client with the same situation.  T4 from Nortel showed no income but EI, CPP and Ftax deductions.  Came back with Efile error.  I called Efile helpdesk and as soon as I mentioned Nortel she knew right away lol.  She told me to change line 5478 to $1.00 and the file was accepted.  Hope this helps!

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