How are CPP and EI calculated in the RRSP Deduction Worksheet?

Andrew Skujins -

These amounts are calculated assuming ideal deductions, where the total CPP or EI deducted is equal to the final amount required. If the amounts do not agree with the T4 amounts, the difference will be reconciled at the time of filing.

CPP on business income is calculated as required, in consideration of CPP amounts included in payroll. If EI applies to business (T2125) income, select "Yes - all eligible" in the menu.

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