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Level 1
posted Apr 6, 2025 6:22:03 PM

CPP overpayment

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.

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1 Replies
Moderator
Apr 10, 2025 12:12:27 PM

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.

 

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