How to claim CPP Overpayment that is usually reported on Schedule 8? There is no option in TurboTax to do so!

How to claim CPP Overpayment that is usually reported on Schedule 8? There is no option in TurboTax to do so! The CPP contributions are reported on T4 and overpayment should be calculated using CRA Schedule 8.

Answer

If you have overpaid your CPP Contributions, TurboTax will perform the necessary calculations and enter the overpayment on Schedule 8 based on the entries you make. You do not need to make any entries on Schedule 8 as the software will do it for you. 

Any CPP or EI overpayments will be seen on your Detailed Tax Summary.

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