I am using SA 2007 Basic. In 2007 my clients pay was paid at 7000 per month and all deductions made atomatically. After June 2007 it stopped deducting CPP as the contribution reached maximum. Now the T4 reads pensionable earning as $42000 while CRA's maximum is 43700. In short, what is the correct figure to be used on his 2007 Tax return? Why did SA deduct the maximm at $42000 rather than 43700.
I would appreciate any comment on this.
Thanks