• CPT20 – Election to Pay Canada Pension Plan Contributions

In general, if your total CPP or QPP contributions for the current tax year is less than the maximum amount, you can elect to pay additional contributions on the portion of your earnings that was not subjected to CPP or QPP contributions. These additional contributions may allow you to receive a higher pension when you become entitled to it.

If you wish to pay additional CPP or QPP contributions for 2023, complete Form CPT20. You must attach this form to your paper return or send it to us separately no later than June 15, 2025.