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Looking for advice on filing income for 2023 for a business I worked for that no longer exists. The employees will not be getting T4’s from this business for the 9 months it remained functioning in 2023. The owner apparently has not remit taxes on our pay in the past 3 yrs but I have received a t4 for 2020,2021 and 2022. I’ve had 2021 reassessed with no issues. I have no pay stubs since we got paid through e-transfer. I have been told by an accountant to not even claim the income made because I will be responsible for the deductions that were not paid, and hopefully it won’t come back to me later.. which I don’t know is a good idea. He also said I could put it under “other income” when I file the t4 for my current job but will still have to pay the deductions. I’m just generally confused on what to do because I know nothing about this and so this doesn’t come back to bite me in the future. I don’t want to sweep it under the rug and hope nothing happens. Just seems too risky.
Hi Erin,
File your personal tax return based on the T4 slips that you received. The owner is responsible for any unpaid payroll taxes, not you.
