Tax Credit for the Repayment of Benefits

We can, at your request, calculate whether it is more advantageous for you not to use the repayment to reduce your 2011 income if, in 2011, you repaid benefits that you received in a previous year under one of the following:

• the Québec Pension Plan (QPP) 
• the Canada Pension Plan (CPP) 
• the Unemployment Insurance Act 
• the Employment Insurance Act

If that is the case, we will grant you a tax credit for the averaging of the deduction.

Enclose, with your income tax return, a note specifying the year to which the repayment applies. Also enclose the documents attesting to the repayment.