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Can I deduct cpp contributions?

CPP contributions have separate personal-return treatment.

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CPP contributions have separate personal-return treatment.

CPP contributions have separate personal-return treatment. Do not assume a payment belongs in an ordinary T2125 expense category.

Records to keep

  • The original bill or document, with date and amount.
  • A note of the business purpose and any allocation calculation.

A common mistake

A category label alone does not establish eligibility. Review the facts before claiming.