cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
HB45
Level 1

CRB social benefit repayment

The Turbo Tax program is calculating that the CRB payments I received in 2020 have to be repaid 100 % because my net income is greater than $ 38,000 I thought I only had to repay 50%.

1 Comment 1
Jack_Canada
Level 6

CRB social benefit repayment

If you received the CRB and if you made more than $38,000 (excluding CRB payments), you will have to reimburse $0.50 of the CRB for every dollar of net income you earned above $38,000. So indeed, the repayment may equal to the whole amount of the CRB payments received.