How to elect not to contribute to QPP on self-employment?

[ottawa]

[edit: am I right that this option not to contribute to QPP from ages 65-72 is not part of the UFile 2023 because it takes effect Jan 1/24? if that's true, sorry.]

 

The RQ form RR-50-V ("Election to Stop Contributing to the Québec Pension Plan, or Revocation of an Election") says:

Quote

Do not complete this form if your income is only from self-employment or your activities as an individual responsible for a family-type resource or an intermediate resource. In such cases, you must make the election to stop contributing to the QPP, or revoke such an election made in a previous year, when you file your annual income tax return.

where do I specify this in UFile? This is for a self-employed individual aged 65-72, who is allowed to stop contributing to QPP.

Thanks.

[Geo123]

Hello Ottawa,

Correct.

CPT30 Quebec 
Do not complete this form if your income is only from self-employment or your activities as an individual responsible for a family-type resource or an intermediate resource. In such cases, you must make the election to stop contributing to the QPP, or revoke such an election made in a previous year, when you file your annual income tax return.
https://www.revenuquebec.ca/documents/en/formulaires/rr/RR-50-V(2024-01).pdf

Employee 65 or Older But Under 73 at the End of the Year Who Elects to Stop Contributing to the QPP
https://www.revenuquebec.ca/en/businesses/source-deductions-and-employer-contributions/special-cases-source-deductions-and-employer-contributions/employee-65-or-older-but-under-73-at-the-end-of-the-year-who-elects-to-stop-contributing-to-the-qpp/
 

 

[ottawa]

Thanks. "Correct" meaning it's not in UFile 2023 because it takes effect Jan 1/24? I think that's the conclusion.

 

[Geo123]

Hello Ottawa,

You are welcome.