Line 222 - Calculating your contributions

Complete Schedule 8 to calculate your CPP or QPP contributions, and attach it to your paper return. If you were a member of a partnership, make sure you include on line 1 of Schedule 8 only your share of the net profit or loss. You cannot use self-employment or partnership losses to reduce the CPP or QPP contributions that you paid on your employment earnings.

Frequently asked question

I am a resident of Ontario and have calculated the amount of extra CPP I can contribute from Schedule 8 for other income. Now where does it go?

Once you have completed form CPT20, Election to Pay Canada Pension Plan Contributions and Schedule 8, report the amount from line 11 on the Schedule 8 at lines 222 of your tax return and 310 of Schedule 1.

The amount you have to pay to us for the additional CPP contributions is located at line 10 of Schedule 8. Report this amount at line 421 of your return. Since you report the amount of additional contributions on line 421 of your return, this is included in your total payable. If you have to pay tax at the end of the year, any additional CPP contributions will be included in the total. If you are expecting a refund, the additional CPP contributions will already have been deducted from any refund you have calculated on the return.

On a regular basis, we provide the total amount of CPP paid by each individual to the Income Securities Program. The Income Securities Program may then send out statements to individuals detailing CPP contributions for a number of years.

Completing your tax return

If you were not a resident of Quebec on December 31, 2006:

• enter on lines 222 of your return and 310 of your schedule 1 (in dollars and cents) the amount from line 11 of Schedule 8. Enter on line 421 of your return the amount from line 10 of Schedule 8.

If you were a resident of Quebec on December 31, 2006:

• enter on lines 222 of your return and 310 of schedule 1 (in dollars and cents) the amount from line 10 of Schedule 8. Line 421 does not apply to you.

Note

We will prorate your CPP or QPP contribution and show the correct amount on your Notice of Assessment in certain situations, such as if, in 2006, you:

• were a CPP participant and either turned 18 or 70, or received a CPP retirement or disability pension; or
• were a QPP participant and either turned 18 or received a QPP disability pension.

Forms and publications

• General Income Tax and Benefit Guide
• Schedule 8, CPP Contributions on Self-employment and Other Earnings (except Quebec)
• Schedule 8, QPP Contributions on Self-employment and Other Earnings (Quebec only)
• Form CPT20, Election to Pay Canada Pension Plan Contributions

Related topics

• Social Development Canada  -  CPP Benefits for the Self-employed
• Revenu Québec