If a client has an overpayment of CPP contributions on his T4 slip, why would his over-contribution entirely disappear once he earns even $1.00 of self employed income?

If a person has both employment income as well as any type of Self Employed Income, and has overpaid CPP on his employment earnings (T4), the CPP overpayment on line 448 of the T1 Jacket completely disappears, even if the overpayment more than covers any CPP payable on his self employed earnings.

This appears to be a calculation error with the Profile software version 2014.4.1

In particular, it looks like Part 5 of the re-designed Schedule 8 might be causing the problem.


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