SCHEDULE 8 : CPP CONTRIBUTIONS

Schedule 8, Canada Pension Plan Contributions, calculates CPP contributions on employment and self-employment income, the deduction for enhanced contributions, the credit for base contributions, and any overpayment.

WHEN IT IS NEEDED

• Self-employed individuals, who must calculate and pay both halves of CPP.

• Employees whose employers deducted too much or too little.

• Individuals who turned 18 or 70, started a CPP pension, or died during the year (prorated contributions).

• Those aged 65 to 70 who want to elect to stop contributing on self-employment income, or to revoke an earlier election.

• People who want to make optional additional contributions on employment income that had no CPP deducted.

KEY PARTS

• Pensionable earnings and contributions through employment (from T4 boxes 26, 16 and 16A).

• Self-employment earnings and the required contributions (CPP1 at 11.9 percent and CPP2 at 8 percent for 2026).

• Split of each contribution into base and enhanced portions.

• Results transferred to lines 22200, 22215, 30800, 31000, 42100 and 44800.