cpp clawback threshold 2023 - Search
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  2. $86,912
    • According to 2 sources
    The threshold for 2023 is $86,912. If your income in 2023 was $96,000, then your repayment would be 15% of the difference between $96,000 and $86,912: $96,000 - $86,912 = $9,088 $9,088 x 0.15 = $1,363.20 You would have to repay $1,363.20 for the July 2024 - June 2025 period.
    The government will tax you for part or all of your OAS payments if you hit specific income thresholds. The income threshold for 2023 at which OAS begins to be clawed back is $86,912. At this point, you will be paying 15 cents of tax, or OAS clawback for every dollar of income beyond $86,912, if you are receiving OAS payments.
     
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