The 2024 tax return that I filed for my son was reassessed and sent back to him because Turbo Tax had missed the CPP payable on his self-employment income.
I updated Turbo Tax yesterday (2025-06-27) and I was pleased to see an update for Schedule 8. Schedule 8 is where the CPP is calculated on self-employment income. Sadly, this update did not resolve the issue of CPP not being calculated on self-employment income.
The problem is that the self-employment income being reported in line 29 of the T1 General Return is not being populated into Schedule 8 / Part 5 / Line 1. The work around is to use the F2 key to override Schedule 8 / Part 5 / Line 1 and then manually enter the amount from line 29 of the T1 General Return into Schedule 8 / Part 5 / Line1.
Once I over-rode this field as described above, Turbo Tax calculated an amount owing that was close to what the CRA had calculated (there was a difference of about a $1).
BTW, I am using Turbo Tax 2024 Standard
Hope this helps.
