Line 445 - Québec Pension Plan (QPP) contribution on income from self-employment

Line 445 - Québec Pension Plan (QPP) contribution on income from self-employment

If you meet all the following conditions, complete Part C of Schedule U to calculate your QPP contribution on your income from self-employment.

• You earned one of the following:

  • income from self-employment (line 27 of Schedule L),

  • income as a person responsible for a family-type resource or an intermediate resource (line 40 of Schedule L if you received an RL-29 slip; line 27 of Schedule L if you did not),

  • employment income on which you want to make an optional contribution.

• You did not enter an amount on line 96, 96.1 or 96.2.

• The amounts you entered on lines 98 and 98.2 total less than $4,348.

• You did not elect, in a previous year, to stop making QPP contributions on your income from self-employment or your income as a person responsible for a family-type resource or an intermediate resource.

If you entered an amount on line 96, 96.1 or line 96.2, complete form LE-35-V, Contribution and Deduction Related to the QPP or the CPP, instead of Schedule U to calculate the QPP contribution on your income from self-employment. Do not enclose the form with your return but keep it for your files.

Election to stop making QPP contributions

You can elect to stop making QPP contributions if you meet all the following conditions at the end of the year:

• you are 65 or over;

• you are under 73;

• you are self-employed or a person responsible for a family-type resource or an intermediate resource; and

• you receive a retirement pension from the QPP or the Canada Pension Plan (CPP).

To make the election, complete section 2 of Part A of Schedule U.

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