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How Much Can I Earn on EI Before Repaying? (Social Benefits Repayment)

Updated

Short Answer

If your net income for the year exceeds $65,700 (2026 threshold), you may have to repay part of any regular EI benefits you received. The repayment is 30% of the lower of your EI benefits or the excess income above the threshold.

This is officially called the Social Benefits Repayment and appears on line 42200 of your T1 return.

Who Is Subject to EI Repayment

Condition Subject to repayment?
Received regular EI in the tax year Yes, if income exceeds threshold
Received fishing EI benefits Yes
First-time EI claimant (no regular EI in 10 years) No — exempt
Received maternity EI No — exempt
Received parental EI No — exempt
Received EI sickness benefits No — exempt
Received compassionate care or caregiving EI No — exempt

The exemption for first-time claimants is one of the most overlooked rules. If this is your first time receiving regular EI in the past 10 years, you owe nothing regardless of income.

The 2026 Repayment Threshold

Year Maximum Insurable Earnings Repayment threshold
2023 $61,500 $61,500
2024 $63,200 $63,200
2025 $65,700 $65,700
2026 $65,700 Indexed — check CRA for confirmed figure

Note: The threshold equals the annual maximum insurable earnings for the year, which CRA indexes periodically.

How to Calculate Your Repayment

Formula: Repayment = 30% × lesser of (EI benefits received) or (net income − threshold)

Example A: Repayment applies

Item Amount
Net income $78,000
Threshold $65,700
Excess income $12,300
EI benefits received $9,500
Lesser amount $9,500 (EI is lower)
Repayment owing $2,850 (30% × $9,500)

Example B: No repayment

Item Amount
Net income $55,000
Threshold $65,700
Excess income None — below threshold
Repayment owing $0

Example C: First-time claimant, high income

Item Amount
Net income $90,000
First-time claimant in 10 years Yes
Repayment owing $0 — exempt

What Income Counts Toward the Threshold

CRA uses your net income from line 23600 of your T1 return. This includes:

Income type Included in net income?
Employment income Yes
Self-employment income Yes
RRSP withdrawals Yes
Pension income Yes
Investment income (dividends, interest) Yes
TFSA withdrawals No
Capital gains (included amount) Yes
Rental income (net) Yes
EI benefits themselves Yes

This is why TFSA withdrawals are often useful for EI recipients — they are not counted in net income and do not push you toward the clawback threshold.

How to Reduce or Avoid Repayment

Strategy How it helps
RRSP contribution Reduces net income on line 23600
TFSA withdrawals instead of RRSP Not counted in net income
Delay bonus income to next year Keeps current-year income below threshold
Maximize deductions (union dues, childcare, etc.) Lowers net income
Income splitting where eligible Reduces your individual net income

If you are approaching the threshold and have RRSP room, making a contribution before the RRSP deadline reduces net income and may eliminate or reduce the repayment.

How Is This Reported and Paid

  1. T4E slip: You receive this from Service Canada showing total EI received and any tax withheld.
  2. Your tax return: If repayment applies, CRA calculates it automatically based on line 23600.
  3. Line 42200: The repayment amount appears here and is added to any tax balance owing.
  4. Payment: Due by April 30 (or June 15 if self-employed, but interest-free portion is still April 30).

If the repayment is large and unexpected, you can set up a payment arrangement with CRA.

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