CCH iFirm Tax Forms 2021.20.31

T4 Box  55 - Employee's provincial parental insurance plan premiums

Enter the PPIP premiums that you deducted for employees working in Quebec.

T4 Box  56 - Employee's provincial parental insurance plan insurable earnings

For employees working in Quebec, enter the total amount used to calculate the employee’s PPIP premiums.

Leave the box blank if:

  • there are no insurable earnings;
  • the insurable earnings are the same as the employment income in box 14; or
  • the insurable earnings are over the maximum for the year.