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The formula for manually calculating the Canada Pension Plan contribution is: 1-(gross pensionable/taxable income minus the pay period exemption) multiplied by the current rate 2-(gross

The formula for manually calculating the Canada Pension Plan contribution is:

1-(gross pensionable/taxable income minus the pay period exemption) multiplied by the current rate

2-(gross pensionable/taxable income minus annual exemption) multiplied by the current rate

3-(gross pensionable/taxable income multiplied by the current rate) minus the pay period exemption

4-(gross pensionable/taxable income multiplied by the current rate) minus annual exemption

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