CharlieCPA Posted April 12, 2023 Report Share Posted April 12, 2023 Business income reported on a T5013 was paid under Section 96(1.1) to a retired partner and is not subject to CPP. It is properly coded as being paid to a non-active partner and is excluded from RRSP eligibility. However, it appears on Schedule 8 line 1 as pensionable net self employment earnings in error and CPP is calculated as payable. How can this be corrected? Quote Link to comment Share on other sites More sharing options...
Geo123 Posted April 12, 2023 Report Share Posted April 12, 2023 Hello CharlieCPA, UFILE does not provide the option to indicate retired partner for any province (except Québec). In order to indicate that you do not wish to pay CPP contributions as a retired partner, you must enter your T4(A)(P) slip into your tax return. Quote Link to comment Share on other sites More sharing options...
CharlieCPA Posted April 14, 2023 Author Report Share Posted April 14, 2023 There is no form T4(A)(P) related to this income. It is reported only on a T5013 along with instructions that it is not subject to CPP. Tax Prep software apparently accommodates this. If there is not a solution in the software I will have to file a T1 Adjust (which I did for 2021) Quote Link to comment Share on other sites More sharing options...
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