Report CPP election to quit paying at age 65 in 2020 Posted February 13, 2021 I am 66, have self employment income and do not wish to contribute to CPP. I went to controls and answered Yes/Stop Contributing to CPP/Jan 1, 20 under CPP/Self Employment income. But when I redo the tax calculation, the CPP payment is still there and schedule 8 , part 2 shows CPP applying for 12 months. This does not change regardless of what I enter in the controls section. Suggestions? Mike
CPP election to quit paying at age 65
in 2020
Posted
I am 66, have self employment income and do not wish to contribute to CPP.
I went to controls and answered Yes/Stop Contributing to CPP/Jan 1, 20 under CPP/Self Employment income.
But when I redo the tax calculation, the CPP payment is still there and schedule 8 , part 2 shows CPP applying for 12 months.
This does not change regardless of what I enter in the controls section.
Suggestions?
Mike