☰
✕
Sign In

Why sign in to the Community?

  • Submit a question
  • Check your notifications
Sign in to the Community or Sign in to TurboTax and start working on your taxes
New Member
posted Feb 9, 2025 7:04:54 AM

CCP not deducted and showing as overpayment

I have entered my T4.  In the summary page it showed an overpayment for the amount I paid.  I double checked and it was the correct amount.  I then checked the deductions, and it does not show as a deduction, only an overpayment.   Is this something that will be fixed when the update comes out? 

0 1 55
1 Replies
Moderator
Feb 9, 2025 7:55:12 AM

Are you using TurboTax Desktop? No issue with CPP were reported at this moment.

 

If you are using TurboTax Desktop, make sure, in form mode, that the province of employment is identified in your T4 (box 10). Compare the amount of your CPP contribution (box 16) in your T4 with the amount on line 44800. If it's a different amount, you can have a look at Schedule 8 and see the calculation done by the software (see screenshots).

 

 

To help you understand the CPP calculation, please visit this link. 

 

Thank you for choosing TurboTax.