TurboTax included CPP income as "Other income exempot from a tax treaty"

CRA requires an explanation for a large amount reported on my 2023 Turbotax return for "Line 25600 additional deductions" I find that part of this comprises 15% exempt portion of U.S. Social Security, which seems correct. However I cannot find any other item to support the remaining amount except for Line 11400 CPP Benefits (Box 20 0f T4 (P) slips) for the exact same amount.

Has Turbotax included CPP benefits incorrectly in Line 25600, or is there another item that I cannot find to explain the item?

Thank you.

7546

Returning Member

Jun 15, 2024 8:34:40 AM

Actually I discovered that Turbo Tax included the Net Benefits from my US Social Security Benefits Statement as well as the calculated 15% Exempt Portion in line 25600. In previous years it only included the 15% Exempt Portion.

Moderator

Jun 17, 2024 8:41:57 AM

You can submit a claim under the TurboTax 100% Accurate Calculations Guarantee.

Thank you for choosing TurboTax.

Why sign in to the Community?

TurboTax included CPP income as "Other income exempot from a tax treaty"