8. Tax credit for the repayment of benefits (Line 462)
If, in 2025, you repaid benefits that you received in a previous year under the Québec Pension Plan (QPP), the Canada Pension Plan (CPP), the Québec parental insurance plan (QPIP) or the Employment Insurance Act, we can, at your request, calculate whether it is to your advantage to not use the repayment to reduce your 2025 income. If it is, we will grant you a tax credit for the repayment of benefits.
If you want us to do the calculation, enter the amount of the repayment on line 246 and enter “08” in box 461.
If you chose to deduct these benefits from your income for 2019 though 2024 instead of 2025, you can ask us to determine whether it is better for you to claim the tax credit for the repayment of benefits in 2025 or the deduction for a repayment of amounts overpaid to you (line 246) for the year for which you made the choice. For more information, contact us.