Thank you for the response. I am aware that there is a maximum to pensionable earnings (YMPE - $68,500 for 2024) and that the amount in Box 26 will not equal the amount in Box 14, if total earnings are higher than YMPE. In 2024, there was an additional contribution (known as CPP2) which is based on a second earnings ceiling (YAMPE - $73,200 for 2024). We both earned more than the YAMPE, so have maxed out on CPP contributions for 2024.
My issue is that my husband's T4 is reporting CPP earnings of only the YMPE of $68,500. As such, TurboTax is calculating the CPP2 contribution as an overpayment and refunding it, even though his employment income is clearly more than the YAMPE. Conversely, my T4 is reporting CPP earnings of $73,200, which is the second earnings ceiling, or YAMPE, and TurboTax is correctly calculating that my CPP2 contribution should not be refunded.
My husband's employer is not going to amend the T4, saying CRA guidance (https://www.canada.ca/en/revenue-agency/services/tax/individuals/topics/about-your-tax-return/tax-re...) is that the amount in box 26 is related to contributions in box 16, saying nothing about earnings related to box 16a. If I change the amount in his box 26 to reflect YAMPE, TurboTax will properly calculate his tax refund, but I am concerned that CRA may adjust the amount in box 26 on assessment to reflect what has been filed. Has TurboTax been made aware of this issue, and has CRA provided any guidance when the T4 has been filed incorrectly (as their guidance is not clear)?
