I stopped CPP contributions for February 2025. Paid 1 month of contribution to CPP. T4 shows 1 month of contributions in Box 16 as it should. My employer has submitted the same amount to CRA on their T4 Summary. On the page where I enter my T-4, I have two choices. Yes I am exempt or No I am not exempt. I cannot choose Yes I am exempt because an error comes up showing that I cannot be exempt because I have entered an amount in Box 16. In my opinion there needs to be a 3rd choice Partial Year Exemption and the number of months that allows you to use both an amount in Box 16 and also use the partial exemption. Currently I show an amount owing to CRA. If I use form CPT30, I can show that I have elected to be exempt and sent the form to CRA. No matter what date I choose for the exemption date the amount owing does not change. It should. If I was only exempt for 1 month or 11 months it should change the amount owed to CRA. It does not. This is very frustrating. I spoke for an hour this morning with Turbo Tax and they tell me I need to talk to my employer (not sure why) or CRA. It is a turbo tax issue. Anyone using this version of turbo tax with a partial year CPP exemption will have the same problem.
