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Briguy835
New Member

CPP overpayment

My question is 

I turned 65 last year and when I entered my information I was credited for an overpayment.   Is this because I turned 65 and started to draw my CPP in the tax year??

 

Thanks 

Brian

2 Replies

CPP overpayment

Have you elected to stop contributing to CPP?  Please refer to this CRA link and for more information please contact CRA directly.

 

Thanks for choosing TurboTax!

Briguy835
New Member

CPP overpayment

I guess my question is in the program I never put in anything about an overpayment. I entered in receiving CPP payments   When I checked my T1 general there was an overpayment for CPP in the amount I contributed. Is this correct??  Does turbo tax do this because I’m over 65 ?  Or is it because I’m drawing my CPP and not required to contribute anymore??