# Taxing of your CPP Disability Benefit **URL:** \ **Category:** Uncategorized\ **Created:** [April 6, 2018, 6:57pm UTC](https://forum.resolutelegal.ca/t/taxing-of-your-cpp-disability-benefit/1236 "2018-04-06T18:57:28Z")\ **Posts on this page:** 13\ **Page:** 1
**Author:** ![EllieMae](https://sea1.discourse-cdn.com/flex019/user_avatar/forum.resolutelegal.ca/elliemae/32/137_2.png) [@EllieMae](https://forum.resolutelegal.ca/u/EllieMae)\ **Post date:** [April 6, 2018, 6:57pm UTC](https://forum.resolutelegal.ca/t/taxing-of-your-cpp-disability-benefit/1236/1 "2018-04-06T18:57:29Z")
What % of my CPP Disability should I have taken off for taxes? I have received amounts that CPP Disabiity will pay (probably my insurance company). I have also received a form letter asking the percentage of tax that I would like taken off. I can’t even guess at what I should have taken off. ---
**Author:** ![Thumbelina\_kim1](https://avatars.discourse-cdn.com/v4/letter/t/77aa72/32.png) [@Thumbelina\_kim1](https://forum.resolutelegal.ca/u/Thumbelina_kim1)\ **Post date:** [April 6, 2018, 7:07pm UTC](https://forum.resolutelegal.ca/t/taxing-of-your-cpp-disability-benefit/1236/2 "2018-04-06T19:07:28Z")
I am wondering the same ! I was thinking maybe 10% ? 🤷‍♀️ ---
**Author:** ![jammer](https://avatars.discourse-cdn.com/v4/letter/j/df705f/32.png) [@jammer](https://forum.resolutelegal.ca/u/jammer)\ **Post date:** [April 6, 2018, 7:46pm UTC](https://forum.resolutelegal.ca/t/taxing-of-your-cpp-disability-benefit/1236/3 "2018-04-06T19:46:20Z")
Apply for the disability tax credit. ---
**Author:** ![EllieMae](https://sea1.discourse-cdn.com/flex019/user_avatar/forum.resolutelegal.ca/elliemae/32/137_2.png) [@EllieMae](https://forum.resolutelegal.ca/u/EllieMae)\ **Post date:** [April 15, 2018, 3:58pm UTC](https://forum.resolutelegal.ca/t/taxing-of-your-cpp-disability-benefit/1236/4 "2018-04-15T15:58:39Z")
I’ve read the Disability Tax Credit form. While I have a great deal of trouble doing some of the items they list, I either get a friend to help or painfully do it myself. I doubt that I would qualify but I’ll give it more thought. ---
**Author:** ![jammer](https://avatars.discourse-cdn.com/v4/letter/j/df705f/32.png) [@jammer](https://forum.resolutelegal.ca/u/jammer)\ **Post date:** [April 15, 2018, 10:13pm UTC](https://forum.resolutelegal.ca/t/taxing-of-your-cpp-disability-benefit/1236/5 "2018-04-15T22:13:25Z")
They consider the combination of everything. 🙂 Don’t be intimidated. ---
**Author:** ![searching](https://avatars.discourse-cdn.com/v4/letter/s/4af34b/32.png) [@searching](https://forum.resolutelegal.ca/u/searching)\ **Post date:** [April 21, 2018, 9:52pm UTC](https://forum.resolutelegal.ca/t/taxing-of-your-cpp-disability-benefit/1236/6 "2018-04-21T21:52:52Z")
If I were you, I’d take a percentage you’re comfortable with and put it into a little savings account each month. Let it grow interest (even 2% savings account interest). Then at tax time, if you end up owing money, you have it saved, plus, you have made a tiny bit of money on it over the year. Interest is better in your pocket than CRA’s 🙂 ---
**Author:** ![jammer](https://avatars.discourse-cdn.com/v4/letter/j/df705f/32.png) [@jammer](https://forum.resolutelegal.ca/u/jammer)\ **Post date:** [April 22, 2018, 3:31am UTC](https://forum.resolutelegal.ca/t/taxing-of-your-cpp-disability-benefit/1236/7 "2018-04-22T03:31:26Z")
> [@searching](#): > > even 2% savings account interest What bank pays that? 🙂 ---
**Author:** ![EllieMae](https://sea1.discourse-cdn.com/flex019/user_avatar/forum.resolutelegal.ca/elliemae/32/137_2.png) [@EllieMae](https://forum.resolutelegal.ca/u/EllieMae)\ **Post date:** [April 22, 2018, 7:54am UTC](https://forum.resolutelegal.ca/t/taxing-of-your-cpp-disability-benefit/1236/8 "2018-04-22T07:54:38Z")
Thank you but I feel that I’d rather be owed money by CRA than have to pay it at tax time. ---
**Author:** ![EllieMae](https://sea1.discourse-cdn.com/flex019/user_avatar/forum.resolutelegal.ca/elliemae/32/137_2.png) [@EllieMae](https://forum.resolutelegal.ca/u/EllieMae)\ **Post date:** [April 22, 2018, 7:56am UTC](https://forum.resolutelegal.ca/t/taxing-of-your-cpp-disability-benefit/1236/9 "2018-04-22T07:56:20Z")
Thank you. I’ll check out the form again and speak with my doctor about it. ---
**Author:** ![allyoops](https://avatars.discourse-cdn.com/v4/letter/a/919ad9/32.png) [@allyoops](https://forum.resolutelegal.ca/u/allyoops)\ **Post date:** [April 22, 2018, 12:06pm UTC](https://forum.resolutelegal.ca/t/taxing-of-your-cpp-disability-benefit/1236/10 "2018-04-22T12:06:56Z")
RBC high interest is .95 but sometimes there are bonus promos for 2% for a set amount of time. Many banks also have other intro higher interest rates. ---
**Author:** ![searching](https://avatars.discourse-cdn.com/v4/letter/s/4af34b/32.png) [@searching](https://forum.resolutelegal.ca/u/searching)\ **Post date:** [April 25, 2018, 3:54am UTC](https://forum.resolutelegal.ca/t/taxing-of-your-cpp-disability-benefit/1236/11 "2018-04-25T03:54:12Z")
EQ bank is 2.3% right now, no fees 😄 ---
**Author:** ![allyoops](https://avatars.discourse-cdn.com/v4/letter/a/919ad9/32.png) [@allyoops](https://forum.resolutelegal.ca/u/allyoops)\ **Post date:** [April 25, 2018, 2:25pm UTC](https://forum.resolutelegal.ca/t/taxing-of-your-cpp-disability-benefit/1236/12 "2018-04-25T14:25:35Z")
Thanks-just signed up! ---
**Author:** ![acdocgirl](https://avatars.discourse-cdn.com/v4/letter/a/d9b06d/32.png) [@acdocgirl](https://forum.resolutelegal.ca/u/acdocgirl)\ **Post date:** [October 18, 2018, 2:55am UTC](https://forum.resolutelegal.ca/t/taxing-of-your-cpp-disability-benefit/1236/13 "2018-10-18T02:55:35Z")
Tangerine is now offering 2.75% interest for six months when you open a new savings account. There’s also no fees.