Monthly proration table for 2023 Numberof months Maximum CPP/QPPpensionable earnings Maximum basicCPP/QPP exemption (1) Numberof months Maximum CPP/QPPpensionable earnings Maximum basicCPP/QPP exemption (1) 1 $5,550.00 $291.67 7 $38,850.00 $2,041.67 2 $11,100.00 $583.33 8 $44,400.00 $2,33...
benefitbasicpluspro Numbers ofreturns Total 2023 tax return filings allowed per Wealthsimple account. 289+ Maximum refundguaranteed Maximum refund guaranteed if you re-file your taxes before December 31, 2024 using a competitor's tax software and find a smaller payment due or larger refund when you...
Monthly proration table for 2023 Numberof months Maximum CPP/QPPpensionable earnings Maximum basicCPP/QPP exemption (1) Numberof months Maximum CPP/QPPpensionable earnings Maximum basicCPP/QPP exemption (1) 1 $5,550.00 $291.67 7 $38,850.00 $2,041.67 2 $11,100.00 $583.33 8 $44,400.00 $2,33...
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(3) = 3 Basic exemption (maximum $3,500)(3) – 4 Line 3 minus line 4 (if negative, enter "0") (maximum $63,100) = 5 QPP contribution rate x 12.8% 6 Line 5 multiplied by the percentage from line 6 = 7 Deduction and tax credit for QPP contributions on self-employment income...