|
|
|
|
|
|
|
|
|
Calculating income and loss |
|
|
Income |
|
Loss |
|
Employment income or loss (lines 10100 and 10400 minus lines 20700, 21200, 22900, and 23100) |
|
|
|
|
|
|
|
Investment income or loss (lines 12000 and 12100 minus line 22100) |
|
+ |
|
|
+ |
|
|
Partnership (limited or non-active partners) income or loss (from line 12200) |
|
+ |
|
|
+ |
|
|
Rental income or loss (from line 12600) |
|
+ |
|
|
+ |
|
|
Business income or loss (from line 13500) |
|
+ |
|
|
+ |
|
|
Professional income or loss (from line 13700) |
|
+ |
|
|
+ |
|
|
Commission income or loss (from line 13900) |
|
+ |
|
|
+ |
|
|
Farming income or loss (from line 14100) |
|
+ |
|
|
+ |
|
|
Fishing income or loss (from line 14300) |
|
+ |
|
|
+ |
|
|
Taxable capital gains (from line 12700) |
|
+ |
|
|
|
|
|
Non-taxable income (from line 14700) |
|
+ |
|
|
|
|
|
Net capital losses of other years (from line 25300) (see note 1) . |
|
|
|
|
+ |
|
|
Capital gains deduction (from line 25400) |
|
|
|
|
+ |
|
|
Business investment loss (from line 21700) |
|
|
|
|
+ |
|
|
Canadian Armed Forces personnel and police deduction (from line 24400) |
|
|
|
|
+ |
|
|
Security options deductions (from line 24900) |
|
|
|
|
+ |
|
|
Other payments deduction (from line 25000) |
|
|
|
|
+ |
|
|
Income exempt under a tax treaty, adult basic education tuition assistance, and the deduction for employees of prescribed international organizations (the part included on line 25600) |
|
|
|
|
+ |
|
|
Income from other sources (from lines 11300, 11400, 11500, 11600, 11700, 11900, 12500, 12800, 12900, 13000, and 13010) |
|
+ |
|
|
|
|
|
Subtotal |
|
= |
|
A |
= |
|
B |
Minus: Amounts on lines 20800, 21000, 21300, 21400, 21500, 21900, 22000, 22200, 22215, 22300, 23200, and 23500 (except amounts in note 2) |
|
- |
|
| | | |
Subtotal (if negative, enter "0") |
|
= |
|
|
- |
|
C |
Subtotal: Amount B minus amount C (if negative, enter "0") |
|
= |
|
D |
|
Loss from farming or fishing |
|
|
|
| | | |
|
Minus: Income from farming or fishing |
|
- |
|
| | | |
|
Subtotal (if negative, enter "0") |
|
= |
|
E |
| | |
Minus: The lesser of amount D or E |
|
- |
|
F |
Total non-capital loss for the year available for carryback: Amount E minus amount F (if negative, enter "0") |
|
= |
|
G |
|
Non-capital loss to be applied to 2020 |
66250 |
|
|
| | | |
|
Non-capital loss to be applied to 2021 |
66260 |
+ |
|
| | | |
|
Non-capital loss to be applied to 2022 |
66270 |
+ |
|
| | | |
Subtotal: Add lines 66250, 66260 and 66270. The subtotal cannot be more than amount G |
|
= |
|
|
- |
|
H |
Balance of non-capital loss available for carryforward: Amount G minus amount H (if negative, enter "0") |
|
= |
|
|