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RG257
New Member

Calculating CPP for Self-employed in 2024 - Schedule 8 Part 4

Wondering if anyone else having this issue: Line 1 of Schedule 8/Part 4 isn't populating with the self-employment earnings from Line 29 of the return (T1 General form), so the CCP contribution isn't being calculated. I spent two hours with TurboTax support last night: first tech advised uninstalling and reinstalling, which I did, but this didn't fix the problem. I called again, asked right away to speak to a Tier 2 support person, and after a wait I walked them through the issue. I was first told that I should call CRA because it was a CRA issue, but I was able to show how it worked properly in the 2023 version of TurboTax, so this is a glitch with 2024. They eventually said they would "open an investigation", but that the glitch probably wouldn't be fixed in time, and they recommended that I complete the return manually. They also confirmed that the Online version is behaving in the same manner.

 

Line 17 of Schedule 8/Part 4 needs to feed back into Line 22200 of the return, so it isn't a matter of just filling out Schedule 8 by hand, I would need to fill out the entire return by hand.

 

I'm wondering if there is a work-around or easy fix that anyone has discovered.

2 Replies
JoanneLH
Employee Tax Expert

Calculating CPP for Self-employed in 2024 - Schedule 8 Part 4

Contributions to CPP on self-employment income are calculated automatically, unless one of the following situations applies to you:

1. You turned 70 before 2024,  
2. You are receiving CPP, are over 65, and have opted out of making additional contributions, or

3. You earned employment income greater than $73,200, on which you contributed the maximum amount.

 

Do any of these apply to you?

RG257
New Member

Calculating CPP for Self-employed in 2024 - Schedule 8 Part 4

Thank you for the response.

 

Unfortunately, none of those circumstances apply. She is younger than 70, not collecting CPP, and she did not earn employment income - only self employment income - and we didn't put data in the "Employment Income" boxes.

 

Schedule 8 populated properly on the 2023 return, but for some reason it won't work properly on the 2024 return.