Open TurboTax

Why sign in to the Community?

  • Submit a question
  • Check your notifications
or and start working on your taxes
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

cancel
Showing results forĀ 
Search instead forĀ 
Did you mean:Ā 

How can my CPP be overpaid by $26,000.00 asccording to your input?

 
1 Reply
TurboTaxHeba
Intuit Alumni

How can my CPP be overpaid by $26,000.00 asccording to your input?

Please check your T4 slips > Box 24 and 26 cannot be zeros.

Your CPP pensionable earnings are reported in Box 26 > if you have zeros in this box, you will get back the whole amount you paid in Box16.

Aso check Box 28 > you should not answer yes to exempt CPP or EI 

Make sure that you have reported the proper CPP amount in Box 16 for all the T4 slips.

 

I hope this was helpful