Skip to main content
April 7, 2025
Question

CPP overpayment

  • April 7, 2025
  • 1 reply
  • 0 views

I just filed my taxes, with a total income of $43112.37 and a CPP payment of $2360.29. However, I am getting a ridiculous refund of over $5 because the software is giving me back all the CPP contributed as an overpayment on Line 44800. I tried with my wife's information, and it's the same problem.

1 reply

April 10, 2025

On your T4, do you have an amount on box 26? If it's blank, (nothing, not even zero) enter the amount from box 14 (up to a max of $73,200). This amount is pensionable earnings.

 

Thank you for choosing TurboTax.