When entering an amount ($2,200) in box 48 of the T4A I get two options:
- Carry amount to T2042/T2121/T2125
- Carry amount to box 130
The CRA website mentions:
Box 048 - Fees for services
- Enter the amount shown in box 048 on the applicable self-employment line of your return [(lines 135 to 143)]
When comparing the flow through to T2125 to line 135 vs through to line 130 CPP is calculated when it goes to T2125 and not when it goes to line 130.
Can anyone shed some light as to why this is and what they recommend is the correct route?