Every year, in February, you receive a RL-29 slip for the previous year, 2016. This document sets out the payments you received in the past year and will be used to complete your income tax return.
Note that this is the only form you will receive for your resource fee. Provide it to the person who will handle your income tax return, who will also have to complete form LM-53, also available in the Member tab and in the Forms page. This form will allow the person to advise you and distribute the payable percentage of the compensation awarded to each spouse (if two spouses are registered in the contract). Indeed, it is sometimes more advantageous to determine, for example, that 75% of the salary is associated with one spouse and only 25% with the other spouse, depending on your situation. The percentages can be adapted to each of your situations.
In addition, on January 15, you received financial compensation for the Régie des rentes du Québec (QPP) and the Québec Parental Insurance Plan (QPIP) listed in the "in bank" column of your monthly payment statements. This is the Youth Center's contribution share to these social plans (employer's share). On your income tax return, these amounts must be paid to the QPP and the QPIP. Depending on your situation, you may also have an amount to be disbursed personally (employee share).
If you have any questions related to the RL-29 slip, please do not hesitate to contact us.