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I work as an independent consultant, where I bill the customer (it's a non profit) for services.

I am essentially doing full time work, and want to ensure I fill out my taxes correctly  I will be working all year again for them this year, and want to ensure I still pay into CPP, and any other needed items.

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New Member

I work as an independent consultant, where I bill the customer (it's a non profit) for services.

If you are reporting self employment income the software will automatically calculate CPP on self employment income by generating Schedule 8: http://www.cra-arc.gc.ca/E/pbg/tf/5000-s8/README.html 

You need to watch for the following lines numbers used self employment / contractor income:

- Line 222:Deduction for CPP or QPP contributions on self-employment and other earnings-(attach Schedule 8 or Form RC381, whichever applies) - page 2 of the T1 general form

- Line 308: CPP contributions (non refundable credit); schedule 1 form and

- Line 421: CPP contributions payable on self-employment and other earnings (attach Schedule 8 or Form RC381, whichever applies) - page 4 of the T1 general form




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Highlighted
New Member

I work as an independent consultant, where I bill the customer (it's a non profit) for services.

If you are reporting self employment income the software will automatically calculate CPP on self employment income by generating Schedule 8: http://www.cra-arc.gc.ca/E/pbg/tf/5000-s8/README.html 

You need to watch for the following lines numbers used self employment / contractor income:

- Line 222:Deduction for CPP or QPP contributions on self-employment and other earnings-(attach Schedule 8 or Form RC381, whichever applies) - page 2 of the T1 general form

- Line 308: CPP contributions (non refundable credit); schedule 1 form and

- Line 421: CPP contributions payable on self-employment and other earnings (attach Schedule 8 or Form RC381, whichever applies) - page 4 of the T1 general form




View solution in original post

Highlighted
New Member

I work as an independent consultant, where I bill the customer (it's a non profit) for services.

Thank you.  So turbo tax will calculate it for me it sounds like.  I must have done something wrong the first time through then!  I will have to look at it again.  I think I entered my income in the wrong place.  It was wages paid to me, so does that go under profits?  I will have to start from scratch again, I think!
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