Schedule 8(Page 2) - fill out and auto calculate/complete form online

Protected B when completed

		Part 2 – Determine the number of months for the CPP calculation
		Enter 12 in box A unless one or more of the situations below apply.
		•	If you turned 18 years of age in 2018, enter the number of months in the year after the month you turned 18.
		•	If for all of 2018 you were receiving a CPP or QPP disability pension, enter "0". If you started or stopped receiving a CPP or QPP disability pension in 2018, enter the number of months during which you were not receiving a disability pension.
		•	If you were 65 to 70 years of age in 2018, you were receiving a CPP or QPP retirement pension, and you elected to stop paying CPP contributions in 2018, enter the number of months in the year up to and including the month you made the election. If you had self-employment income in 2018 and have an entry in box 372, enter the number of months in the year prior to the month you entered in box 372.
		•	If you were 65 to 70 years of age in 2018, you were receiving a CPP or QPP retirement pension, you elected to stop paying CPP contributions in a prior year, and you have not revoked that election, enter "0".
		•	If you were 65 to 70 years of age in 2018, you were receiving a CPP or QPP retirement pension, you elected to stop paying CPP contributions in a prior year, and you revoked that election in 2018, enter the number of months in the year after the month you revoked the election. If you had self-employment income in 2018 and have an entry in box 374, enter the number of months in the year after and including the month you entered in box 374.
		•	If you turned 70 years of age in 2018 and you did not elect to stop paying CPP contributions, enter the number of months in the year up to and including the month you turned 70 years of age.
		•	If for all of 2018 you were 70 years of age or older, enter "0".
		•	If the individual died in 2018, enter the number of months in the year up to and including the month the individual died.

		Enter the number of months during which the CPP applies in 2018.							A


		Part 3 – Calculating your CPP contributions and overpayment on employment income

		Enter your yearly maximum CPP pensionable earnings
		(see the monthly proration table below to find the amount
		that corresponds to the number of months entered in box A of Part 2).						(maximum $55,900)				1
		Total CPP pensionable earnings
		Enter the total of box 26 of all your T4 slips (maximum $55,900 per slip).
		If box 26 is blank, enter the amount from box 14.								5549		2

		Enter the amount from line 1 or the amount from line 2, whichever is less.										3
		Enter your maximum basic CPP exemption (see the monthly proration table below to find the amount
		that corresponds to the number of months entered in box A of Part 2).						(maximum $3,500)			–	4
		Earnings subject to CPP contributions: Line 3 minus line 4 (if negative, enter "0") (maximum $52,400)									=	5

		Actual CPP contributions: Enter the total CPP contributions deducted from box 16 of all your T4 slips.								5034		• 6
		Required contributions on CPP pensionable earnings:
		Multiply the amount from line 5 by 4.95%.						(maximum $2,593.80)			–	7
		Line 6 minus line 7 (if negative, enter "0")					CPP overpayment				=	8

		If you are self-employed and/or you are electing to pay additional CPP contributions on other earnings, enter the amount, in dollars and cents, from line 6 on line 308 of your Schedule 1 and, if applicable, on line 5824 of your Form 428. Then continue with Part 5.

		Otherwise, enter the amount, in dollars and cents, from line 6 or line 7, whichever is less, on line 308 of your Schedule 1 and, if applicable, on line 5824 of your Form 428. If the amount from line 8 is positive, enter it on line 448 of your return. If the amount from line 8 is negative, you may be able to make additional CPP contributions. See Form CPT20, Election To Pay Canada Pension Plan Contributions.


		Monthly proration table for 2018
		Part 3				Part 3 continued
		Applicable number of months		Line 1 Maximum CPP pensionable earnings	Line 4 Maximum basic CPP exemption*	Applicable number of months		Line 1 Maximum CPP pensionable earnings		Line 4 Maximum basic CPP exemption*
		1		$4,658.33	$291.67	7		$32,608.33		$2,041.67
		2		$9,316.67	$583.33	8		$37,266.67		$2,333.33
		3		$13,975.00	$875.00	9		$41,925.00		$2,625.00
		4		$18,633.33	$1,166.67	10		$46,583.33		$2,916.67
		5		$23,291.67	$1,458.33	11		$51,241.67		$3,208.33
		6		$27,950.00	$1,750.00	12		$55,900.00		$3,500.00

		* If you started receiving CPP retirement benefits in 2018, your basic exemption may be prorated by the CRA.

	5000-S8