Line 22200 - Deduction for CPP or QPP contributions on self-employment income and other earnings

Line 22200 - Deduction for CPP or QPP contributions on self-employment income and other earnings

CPP and QPP rates for base contributions are different.

Your CPP or QPP contributions consist of:

• a base amount

• a first additional amount, depending on your year's maximum pensionable earnings (YMPE)

• NEW! a second additional amount if your pensionable earnings are more than the YMPE but not more than the year's additional maximum pensionable earnings (YAMPE)

For 2024, the YMPE is $68,500 and the YAMPE is $73,200.

Claim the CPP or QPP contributions that you:

• have to make on self-employment and limited or non-active partnership income

• choose to make on certain employment income

• choose to make on your Revenu Québec Income Tax Return on certain employment income (see the Revenu Québec Guide to the Income Tax Return)

The amount of the contributions that you have to make, or choose to make, depends on how much you have already contributed to the CPP or QPP as an employee. These amounts are shown in boxes 16, 16A, 17, and 17A of your T4 slips.

Making additional CPP contributions

You may be able to make CPP contributions on certain income when:

• No contributions were made because, for example:

  • The tips you earned are not showing on your T4 slip

  • You have tax-exempt employment or self-employment income (as someone registered or entitled to be registered under the Indian Act) with no amount showing in boxes 16 or 16A of your T4 slips (for more information, go to canada.ca/cpp-ei-explained-indigenous)

• You had more than one employer in the year and the total of your CPP contributions from all T4 slips is less than the required amount

For more information, see "Making additional CPP contributions" on page 34.

Calculating your deduction

Residents of a province or territory other than Quebec on December 31, 2024

If you contributed to:

• CPP only, complete Schedule 8, Canada Pension Plan Contributions and Overpayment (Form 5000-S8)

• QPP (or QPP and CPP), complete Form RC381, Inter-Provincial Calculation for CPP and QPP Contributions and Overpayments

Residents of Quebec on December 31, 2024

If you contributed to:

• QPP only, complete Schedule 8, Quebec Pension Plan Contributions (Form 5005-S8)

• CPP (or CPP and QPP), complete Form RC381, Inter-Provincial Calculation for CPP and QPP Contributions and Overpayments

Partnerships

If you were a member of a partnership, include on Schedule 8 or Form RC381 only your share of the net profit. You cannot use self-employment or partnership losses to reduce your CPP or QPP contributions paid on employment earnings.

Prorating contributions

Your CPP or QPP contributions must be prorated if one of the following situations applied in 2024:

• You were a CPP participant who turned 18 or 70 years of age or received a CPP disability pension

• You were a QPP participant who turned 18 years of age or received a QPP disability pension

• You were a CPP working beneficiary (see line 30800 on page 34) who elected to stop paying CPP contributions or revoked an election made in a previous year

• You are filing a return for a person who died in 2024

Request for a refund of CPP contributions

Under the CPP, all requests for a refund of CPP over-contributions must be made no later than four years from the end of the year the overpayment occurred in.

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