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How can I take the CPP away from fishing income return as fishermen dont have to pay it?
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How can I take the CPP away from fishing income return as fishermen dont have to pay it?
Fishing income is reported on the T4 slip.
In the T4 slip, for Box 28 – Exempt (CPP/QPP, EI, and PPIP) you will see an "X" or a checkmark under CPP/QPP (fisher earnings are not pensionable). Enter this X in the T4 information to be filled in your return.
To learn more about how to fill the fishing income, please visit the following link below:
fishing income and business explained
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