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Level 1
January 13, 2025
Question

Will you fix the CPP 2nd level earnings error in Turbo Tax 2024? The maximum is $73,200, not $68,500.

  • January 13, 2025
  • 1 reply
  • 15 views
When pensionable earnings are greater than $68,500 it is limiting the 2nd level max to $68,500 and incorrectly creating an overpayment.

    1 reply

    DaveF1006
    Level 15
    January 15, 2025

    To clarify, are you preparing a Canadian Tx Return or US? I have never seen this issue on a US Tax return as a CPP would be reported like a Social Security payment. 

     

    If Canadian, you may wish to contact the Canadian Turbo Tax support experts here as this community forum handles US returns only.

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    VolvoGirl
    Level 15
    January 15, 2025

    @DaveF1006   We seem to be getting lots of Canada questions.  Something must be up that they are getting routed to us.  Is their forum or site not working right?