The T5007, also known as the Statement of Benefits, arrives in your mailbox if you've received any workers' compensation benefits or social assistance payments. Although workers' compensation benefits aren't taxable, the Canada Revenue Agency (CRA) still expects these payments to be reported accurately. Here's a brief review of the essential things to know about T5007 slips, including who should fill them out and where to get the form.
What is a T5007 slip?
Also known as the Statement of Benefits, the T5007 slip reports all the workers’ compensation benefits or social assistance payments you've received in a calendar year. These benefits include wage-loss replacement, disability payments, and survivor benefits or payments for food, clothing, and shelter requirements. T5007 is issued to recipients of the benefits by the entity delivering the assistance payments or benefits.
If you're an individual who has received a T5007 slip, then you have to enter the amount reported in Box 10 of the T5007 on line 14400 as part of your total income in your income tax return, and line 25000 as a deduction to taxable income. According to the CRA, in the case of workers’ compensation benefits, the slip is issued to the injured worker regardless of who receives the payments.
For social assistance payments, a T5007 slip won't be issued to you in these cases:
payments totalling $500 or less in a series, or payments that aren't part of a series
payments for medical expenses
payments for child care expenses
payments for funeral expenses
payments for legal expenses
payments for job training
payments for counselling
T5007 is a rather short slip. Here's a breakdown of the main parts:
Box | Meaning |
|---|---|
| Box 10 | This is where the total amount of workers' compensation benefits is displayed. This amount is added to the total on line 14400 of your income tax return as total income and line 25000 for deductions made to taxable income. |
| Box 11 | This box shows any social assistance payments and provincial or territorial supplements. The amount in this box should be added to the total on line 14500 of your income tax return and 25000 for the deduction. If you lived with a spouse or common-law partner when you received these payments, the partner with the higher net income reports the amount and claims the line 25000 deduction. |
| Box 12 | This box contains the Social Insurance Number (SIN) of the person who received the benefits. |
| Box 13 | This section is for the report code, which determines if your slip is original, amended, or cancelled. "O" will indicate that the slip is original, "A" that it's amended, such as changing the financial data or identification details, and "C" indicates that the slip is cancelled. If A or C is entered, a description will be included at the top of the T5007. |
Is the T5007 taxable?
No — the benefits reported on a T5007 are not taxable. But even though you don't pay tax on them, the Canada Revenue Agency (CRA) still expects you to report the amount, because it counts toward your net income. Your net income is used to work out the benefits and credits you qualify for, so leaving the slip off your return can affect those calculations.
Including a T5007 amount in net income can influence benefits such as the Canada Groceries and Essentials (CGEB, the renamed GST/HST credit as of July 2026), the Canada Child Benefit, and some provincial or territorial credits. Social assistance and rent-support amounts generally don't reduce eligibility for Old Age Security (OAS) or the Guaranteed Income Supplement (GIS).
Who should fill out a T5007?
Not you. The agency that paid you the benefits fills out the slip and sends it to you. You'll get one for workers' compensation no matter the amount, but for social assistance, only if a program paid you more than $500 in the year. Different programs send different slips, so you can end up with more than one. Report the amount on line 14400 for workers' compensation, or line 14500 for social assistance, and claim the matching deduction on line 25000.
Social assistance program names vary by province and territory. In British Columbia, for example, you'd receive a separate T5007 for each of the following that paid you more than $500 in the year:
income assistance
disability assistance
senior's supplement
bus pass for low-income seniors
hardship assistance
Where can I get my T5007 slip?
Agencies have until the last day of February to send out T5007 slips. If you're looking before then, yours might not be ready yet.
Once it is, there are a few places to find it:
In the mail, from the agency that issued it
Online, in your account with that agency, if it has one
In your CRA account, if you've set one up
However many copies you end up with, you only enter the information on your return once.
