Tax forms

Tax forms

Tax forms are issued in February for the benefits Doctors Nova Scotia (DNS) offers its members, as well as for fees members pay to the association.

Membership dues

Receipts for membership dues paid in full are issued at the beginning of the month following the month in which the payment is received. For example, if dues are paid in April, the receipt would be issued at the beginning of May.

Receipts for monthly premium payments are issued in January for payments that are made from September to December and in August for payments made from January to July.

Health and dental plan receipts

Receipts for DNS Extended Health and Dental Plan premiums are issued upon full payment at the beginning of the month following the month in which the payment was received. (For example, if dues are paid in April, the receipt would be issues at the beginning of May.) The receipts are for the tax year in which they are paid.

Receipts for monthly premium payments are issued in January, and include all payments made from the previous January to December.

T4 forms

A T4 represents the honoraria paid to members who sit on committees as per the Honoraria & Expense Policy.

T4A forms

A T4A form represents the combined amounts a member receives personally for the following benefits, if that amount exceeds $500:

  • Parental leave
  • Medical student bursary
  • Family physician–pharmacist collaboration project
  • Preceptorship

In accordance with Canada Revenue Agency guidelines, T4As aren't issued to members who receive rebates of $500 or less, or to members who have registered their incorporations with the College of Physicians and Surgeons of Nova Scotia on or before Dec. 31 of the taxation year.

T3 forms

T3 forms are issued to members who participate in the DNS Extended Health and Dental Plan. The amount on the T3 represents the amount paid to Great West Life by DNS but doesn't include the premium that members are invoiced for each year.


In accordance with CRA guidelines, T3s are not issued for amounts of $100 or less.
 

Contact

Colleen Sears
Payroll and finance administrator
902-481-4929
1-800-563-3427 ext. 4929