Skip to main content
Level 1
April 18, 2026
Question

with regards to box 40 on the T4PS, what is a specified employee?

  • April 18, 2026
  • 1 reply
  • 6 views
No text available

    1 reply

    TurboTax_Susan
    Alumni - Intuit
    April 19, 2026

    A specified employee is someone who is dealing with an employer in a non-arm's length relationship, or who has a significant equity interest (10% or more of any class of shares) in his or her employer.