What is a T5007 Statement of Benefits form?

A T5007 is issued if you received Workers' Compensations Benefits (WCB), social assistance payments or federal/provincial supplements such as Guaranteed Income Supplement (GIS) for seniors. The income on the T5007 is generally not taxable but is used to calculate federal tax credits like the GST credit and Child Tax Benefit or other provincial tax credits.

Office Locator

Find an office near you.

Get Prepared

Everything you need before you file.

SEE OUR CHECKLIST

Tax Software

File your taxes today

Start for free