| Quick edit form(mobile version) | ||||||||||||||||||||
| Protected B when completed | ||||||||||||||||||||
| Step 3 – Net income | ||||||||||||||||||||
| Enter the amount from line 35 of the previous page. | 36 | |||||||||||||||||||
| Pension adjustment | ||||||||||||||||||||
| (box 52 of all T4 slips and box 034 of all T4A slips) | 20600 | |||||||||||||||||||
| Registered pension plan (RPP) deduction | ||||||||||||||||||||
| (box 20 of all T4 slips and box 032 of all T4A slips) | 20700 | 37 | ||||||||||||||||||
| RRSP deduction (see Schedule 7 and attach receipts) | 20800 | + | 38 | |||||||||||||||||
| FHSA deduction (see Schedule 15 and attach receipts) | 20805 | + | 39 | |||||||||||||||||
| Pooled registered pension plan (PRPP) employer contributions | ||||||||||||||||||||
| (amount from your PRPP contribution receipts) | 20810 | |||||||||||||||||||
| Deduction for elected split-pension amount (complete Form T1032) | 21000 | + | 40 | |||||||||||||||||
| Annual union, professional, or like dues (receipts and box 44 of all T4 slips) | 21200 | + | 41 | |||||||||||||||||
| Universal child care benefit (UCCB) repayment (box 12 of all RC62 slips) | 21300 | + | 42 | |||||||||||||||||
| Child care expenses (complete Form T778) | 21400 | + | 43 | |||||||||||||||||
| Disability supports deduction (complete Form T929) | 21500 | + | 44 | |||||||||||||||||
| Business investment loss (see Guide T4037) | ||||||||||||||||||||
| Gross Period 1 | 21698 | Period 2 | 21699 | |||||||||||||||||
| Allowable business investment loss deduction | 21700 | + | 45 | |||||||||||||||||
| Moving expenses (complete Form T1-M) | 21900 | + | 46 | |||||||||||||||||
| Support payments made (see Guide P102) | ||||||||||||||||||||
| Total | 21999 | Allowable deduction | 22000 | + | 47 | |||||||||||||||
| Carrying charges, interest expenses and other expenses | ||||||||||||||||||||
| (use Federal Worksheet) | 22100 | + | 48 | |||||||||||||||||
| Deduction for CPP or QPP contributions on self-employment income and | ||||||||||||||||||||
| other earnings (complete Schedule 8 or Form RC381, whichever applies) | 22200 | + | •49 | |||||||||||||||||
| Deduction for CPP or QPP enhanced contributions on employment income | ||||||||||||||||||||
| (complete Schedule 8 or Form RC381, whichever applies) (maximum $838.00) | 22215 | + | •50 | |||||||||||||||||
| Exploration and development expenses (complete Form T1229) | 22400 | + | 51 | |||||||||||||||||
| Other employment expenses (see Guide T4044) | 22900 | + | 52 | |||||||||||||||||
| Clergy residence deduction (complete Form T1223) | 23100 | + | 53 | |||||||||||||||||
| Other deductions (specify): | 23200 | + | 54 | |||||||||||||||||
| Add lines 37 to 54. | 23300 | = | ► | – | 55 | |||||||||||||||
| Line 36 minus line 55 (if negative, show in brackets) | Net income before adjustments | 23400 | = | 56 | ||||||||||||||||
| Social benefits repayment: Complete the chart for line 23500 using your Federal Worksheet if one or more of the following apply: |
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| • | You entered an amount for EI and other benefits on line 11900 and the amount on line 23400 is more than $79,000 |
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| • | You entered an amount for OAS pension on line 11300 or net federal supplements paid on line 14600 and the amount on line 23400 is more than $90,997 |
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| If not, enter "0" on line 23500. | 23500 | – | •57 | |||||||||||||||||
| Line 56 minus line 57 (if negative, enter "0") If negative, you may have a non-capital loss (see Form T1A) and the negative amount |
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| is to be used for certain calculations (go to canada.ca/line-23600) | Net income | 23600 | = | 58 | ||||||||||||||||
| 5006-R E (24) | Page 4 of 8 | |||||||||||||||||||
Please specify deduction details included in field 23200 |
Please identify possible minimum tax implication at F67860 (Form T691) |
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