Base Income Tax Deduction for CPP

[Darpat]

My mother is about to receive CPP cheques. I am aware that federal income tax is not deducted automatically from these cheques. What is the base percentage that should be deducted from her cheques so she doesn't end up paying money back to goverment?

Thanks in advance for your help.

[trent]

Welcome to the forums Darpat!

Here are 2 links that can help you with your question:

http://www.hrsdc.gc.ca/eng/isp/cpp/cppinfo.shtml

http://www.servicecanada.gc.ca/eng/isp/common/t4nr4.shtml#b14

[Tightwod]

Do you know what her annual benefit amount will be? Any other sources of income?

[jjjeney]

hello i am jjjeny with a great pleasure i am comming here for to giving you some trying different.now i will say you only I think that the big 5 Canadian banks are "too big to fail" and if any of them is in trouble it will be bailed out right away, so it doesn't really make any difference which bank you do business with.next i will share you main thing.......wait





__________________________________________________ _________________
jjeney